Corporations Regulations 2001
CHAPTER 7
-
FINANCIAL SERVICES AND MARKETS
PART 7.5
-
COMPENSATION REGIMES FOR FINANCIAL MARKETS
Division 4
-
NGF Compensation regime
Subdivision 4.10
-
General
REGULATION 7.5.83
7.5.83
NOTIFICATION OF PAYMENT OF LEVIES
For subsection 889J(7) of the Act, a notification to the Commonwealth of payments of levy received by the operator of a financial market as agent for the Commonwealth must:
(a) be given for each period of 6 months ending on 31 December and 30 June; and
(b) be given in writing to:
(c) set out the total of the levies (if any) that became payable in the period; and
(d) set out the total of the levies (if any) received in the period; and
(e) be given not later than 2 weeks after the end of the period.
View history note
Hide history note[ CCH Note: Pursuant to the Corporations Amendment Regulations 2001 (No 4) (SR 2001 No 319) effective 11 March 2002, Chapter 7 (Securities) comprising reg 7.1.01 - 7.15.01 and Chapter 8 (The futures industry) comprising reg 8.1.01 - 8.7.03 are replaced by a new Chapter 7 (Financial services and markets) comprising reg 7.1.01 - 7.12.01. As the subject matter of the new Chapter 7 relates to the new financial services reform regime, " inserted " has been used in the history notes for each provision, and all references to the former provisions have been removed.]
For subsection 889J(7) of the Act, a notification to the Commonwealth of payments of levy received by the operator of a financial market as agent for the Commonwealth must:
(a) be given for each period of 6 months ending on 31 December and 30 June; and
(b) be given in writing to:
(i) the Secretary of the Department of the Treasury; or
(ii) another officer of that Department notified in writing by the Secretary to the receiver of the levy; and
(c) set out the total of the levies (if any) that became payable in the period; and
(d) set out the total of the levies (if any) received in the period; and
(e) be given not later than 2 weeks after the end of the period.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.