ASIC Supervisory Cost Recovery Levy (Consequential Amendments) Act 2017 (45 of 2017)

Schedule 1   Amendments

Corporations Act 2001

18   At the end of subsection 40-25(1) of Schedule 2

Add:

; or (g) in the case of a person who is a leviable entity (within the meaning of the ASIC Supervisory Cost Recovery Levy Act 2017) - the following have not been paid in full at least 12 months after the due date for payment:

(i) an amount of levy (if any) payable in respect of the person;

(ii) an amount of late payment penalty payable (if any) in relation to the levy;

(iii) an amount of shortfall penalty payable (if any) in relation to the levy.


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