Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2014
I, Mathias Cormann, Minister for Finance, make the following determination under subsection 7(1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.
Dated: 25 June 2014
Mathias Cormann
Minister for Finance
for the Treasurer
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 2014.
2 Commencement
This determination commences on 1 July 2014.
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The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2013 is repealed.
5 Definitions
In this determination:
2014‑2015 financial year means the financial year commencing on 1 July 2014.
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 2014‑2015 financial year.
Note: Authorised NOHC is defined in section 5 of the Act.