I, BILL SHORTEN, Minister for Financial Services and Superannuation, make this Determination under subsection 7 (1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

Dated 23 June 2011

BILL SHORTEN

1              Name of Determination

                This Determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2011.

2              Commencement

                This Determination commences on the day after it is registered.

3              Revocation

                The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2010 is revoked on 1 July 2011.

4              Definitions

                In this Determination:

2011–2012 financial year means the financial year commencing on 1 July 2011.

Act means the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

Note   Authorised NOHC is defined in section 5 of the Act.

5              Amount of levy

                For subsection 7 (1) of the Act, the amount of levy payable by an authorised NOHC described in that subsection is $10 000 for the 2011–2012 financial year.

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.