Federal Register of Legislation - Australian Government

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Determinations/Other as made
This Determination relates to a levy imposed by the Authorised Non-operating Holding Companies Supervisory Levy Imposition Act 1998 on authorised non-operating holding companies in the general insurance and authorised deposit taking institution sector.
Administered by: Treasury
Registered 29 Jun 2011
Tabling HistoryDate
Tabled HR04-Jul-2011
Tabled Senate04-Jul-2011
Date of repeal 01 Jul 2012
Repealed by Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2012

Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 20111

Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998

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.


Note

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.