Authorised Nonoperating Holding Companies Supervisory Levy Imposition Determination 20121

Authorised Nonoperating Holding Companies Supervisory Levy Imposition Act 1998

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

Dated 28 June 2012

William Richard Shorten

Minister for Financial Services and Superannuation

1 Name of determination

  This determination is the Authorised Nonoperating Holding Companies Supervisory Levy Imposition Determination 2012.

2 Commencement

  This determination commences on 1 July 2012.

3 Revocation

  The Authorised Nonoperating Holding Companies Supervisory Levy Imposition Determination 2011 (Federal Register of Legislative Instruments No. F2011L01332) is revoked.

4 Definitions

  In this determination:

20122013 financial year means the financial year commencing on 1 July 2012.

Act means the Authorised Nonoperating Holding Companies Supervisory Levy Imposition Act 1998.

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

5 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 2012–2013 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 www.comlaw.gov.au.