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Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2013

Authoritative Version
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 (NOHC) in the general insurance and authorised deposit-taking institution sectors for the financial year 2013 14.
Administered by: Treasury
Registered 03 Jul 2013
Tabling HistoryDate
Tabled HR12-Nov-2013
Tabled Senate12-Nov-2013
Date of repeal 01 Jul 2014
Repealed by Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2014
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Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2013

I, William Richard Shorten, Minister for Financial Services and Superannuation, make the following determination under subsection 7(1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

Dated:  24 June 2013

William Richard Shorten

Minister for Financial Services and Superannuation

 

  

  

  

Contents

1............ Name of determination.................................................................................................. 1

2............ Commencement............................................................................................................. 1

3............ Authority....................................................................................................................... 1

4............ Repeal............................................................................................................................ 1

5............ Definitions..................................................................................................................... 1

6............ Amount of levy............................................................................................................. 1

 

1  Name of determination

                   This determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2013.

2  Commencement

                   This determination commences on 1 July 2013.

3  Authority

                   This determination is made under subsection 7(1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

4  Repeal

                   The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2012 is repealed.

5  Definitions

                   In this determination:

2013‑2014 financial year means the financial year commencing on 1 July 2013.

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

6  Amount of levy

                   For paragraphs 7(1)(a), (b) and (c) of the Act, the amount of levy payable by an authorised NOHC described in those paragraphs is $10 000 for the 2013‑2014 financial year.

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