Payment Times Reporting Act 2020

PART 1A - PROVISIONS ABOUT REPORTING ENTITIES AND REPORTING NOMINEES  

Division 5 - Reporting nominees  

SECTION 10M   APPLICATION FOR REGULATOR TO MAKE A REPORTING NOMINEE DETERMINATION  

10M(1)    
A constitutionally covered entity (the applicant ) may apply, in writing, for the Regulator to determine under subsection 10L(1) that the applicant is a reporting nominee for one or more other entities.

Note:

See section 27A (requirements for applications made to the Regulator).

10M(2)    
An application under subsection (1) :

(a)    must identify the other entity or entities; and

(b)    may specify the time when the applicant proposes the determination to take effect, which must be either:

(i) the start of the provisional reporting period of the applicant in which the applicant gives the application to the Regulator; or

(ii) the start of the provisional reporting period of the applicant that follows the provisional reporting period mentioned in subparagraph (i) .