Federal Register of Legislation - Australian Government

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Determinations/Health as made
This determination relates to a levy imposed by the Authorised Non-operating Holding Companies Supervisory Levy Imposition Act 1998 (the Act) on authorised non-operating holding companies (NOHC) in the general insurance and authorised deposit-taking institution sectors.
Administered by: Treasury
Registered 10 Jul 2017
Tabling HistoryDate
Tabled HR08-Aug-2017
Tabled Senate08-Aug-2017
Date of repeal 01 Jul 2018
Repealed by Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2018
Table of contents.

Commonwealth Coat of Arms

 

 

Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2017

I, Scott Morrison, Treasurer, make the following determination under subsection 7(1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

Dated:  27 June 2017

Scott Morrison

Treasurer

 

  

  


Contents

1............ Name of determination.................................................................................................. 2

2............ Commencement............................................................................................................. 2

3............ Authority....................................................................................................................... 2

4............ Repeal............................................................................................................................ 2

5............ Definitions..................................................................................................................... 2

6............ Amount of levy............................................................................................................. 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


1  Name of determination

                   This determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2017.

2  Commencement

                   This determination commences on 1 July 2017.

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                   The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2016 is repealed.

5  Definitions

                   In this determination:

2017‑2018 financial year means the financial year commencing on 1 July 2017.

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 $30 000 for the 2017‑2018 financial year.

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