Payment Times Reporting Act 2020
PART 1A
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PROVISIONS ABOUT REPORTING ENTITIES AND REPORTING NOMINEES
A constitutionally covered entity (the applicant ) may apply, in writing, for the Regulator to determine, under subsection 10B(1) , that the applicant is a reporting entity.
10C(2)
An application under subsection (1) may specify the time when the applicant proposes the determination to take effect, which must be either: (a) the start of the provisional reporting period of the applicant in which the application is made; or (b) the start of the provisional reporting period of the applicant that follows the provisional reporting period mentioned in paragraph (a).
Division 2
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Volunteering entities
SECTION 10C
APPLICATION FOR REGULATOR TO MAKE A VOLUNTEERING ENTITY DETERMINATION
10C(1)
A constitutionally covered entity (the applicant ) may apply, in writing, for the Regulator to determine, under subsection 10B(1) , that the applicant is a reporting entity.
Note:
See section 27A (requirements for applications made to the Regulator).
10C(2)
An application under subsection (1) may specify the time when the applicant proposes the determination to take effect, which must be either: (a) the start of the provisional reporting period of the applicant in which the application is made; or (b) the start of the provisional reporting period of the applicant that follows the provisional reporting period mentioned in paragraph (a).