Section 789GCD — Fair Work Act 2009: 10% decline in turnover certificate

(1) An eligible financial service provider may issue a written certificate that: (a) relates to a specified employer; and (b) confirms that the employer satisfied the 10% decline in turnover test for the designated quarter applicable to a specified time. (2) However, an eligible financial service provider is not entitled to issue a certificate under subsection (1) in relation to an employer if the eligible financial service provider is: (a) a director or employee of the employer; or (b) an associated entity of the employer; or (c) a director or employee of an associated entity of the employer. (3) A certificate under subsection (1) is to be known as a 10% decline in turnover certificate that covers the employer specified in the certificate for the designated quarter applicable to the time specified in the certificate. (4) If: (a) an employer is a small business employer; and (b) an individual who: (i) is, or is authorised by, the employer; and (ii) has knowledge of the financial affairs of the employer; makes a statutory declaration to the effect that the employer satisfied the 10% decline in turnover test for the designated quarter applicable to a specified time; the statutory declaration is taken to be a 10% decline in turnover certificate that covers the employer for the designated quarter applicable to the time specified in the statutory declaration. Note: For small business employer, see section 23.