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 (NOHC) in the general insurance and authorised deposit-taking institution sectors for the 2018-19 financial year.
Administered by: Treasury
Registered 03 Jul 2018
Tabling HistoryDate
Tabled HR13-Aug-2018
Tabled Senate13-Aug-2018
Date of repeal 01 Jul 2019
Repealed by Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2019
Table of contents.

Commonwealth Coat of Arms

 

 

Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2018

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:  29 June 2018

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 2018.

2  Commencement

                   This determination commences on 1 July 2018.

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 2017 is repealed.

5  Definitions

                   In this determination:

2018‑2019 financial year means the financial year commencing on 1 July 2018.

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

Note:          Terms used in this determination have the same meaning as in the Act – see section 13 of the Legislation Act 2003.

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 $45 000 for the 2018‑2019 financial year.

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