Australian Prudential Regulation Authority (Commonwealth Costs) Determination 2005
I, MAL BROUGH, Minister for Revenue and Assistant Treasurer, make this Determination under paragraph 50 (1) (b) of the Australian Prudential Regulation Authority Act 1998. Dated 23 June  2005 MAL BROUGH Minister for Revenue and Assistant Treasurer
Contents                         1     Name of Determination                                                                         1                         2     Commencement                                                                                  1                         3     Revocation of Australian Prudential Regulation Authority (Commonwealth Costs) Determination 2004                                                                                                          2                         4     Definitions                                                                                           2                         5     Commonwealth costs (Act s 50)                                                           2  
      1              Name of Determination                 This Determination is the Australian Prudential Regulation Authority (Commonwealth Costs) Determination 2005. 2              Commencement                 This Determination commences on 1 July 2005. 3              Revocation of Australian Prudential Regulation Authority (Commonwealth Costs) Determination 2004                 The Australian Prudential Regulation Authority (Commonwealth Costs) Determination 2004 is revoked. 4              Definitions                 In this Determination: 2005–2006 financial year means the financial year beginning on 1 July 2005. Act means the Australian Prudential Regulation Authority Act 1998. levy money has the meaning given by subsection 50 (7) of the Act. retainable amount has the meaning given by paragraph 50 (1) (b) of the Act. 5              Commonwealth costs (Act s 50)                 For paragraph 50 (1) (b) of the Act, the table sets out matters for the 2005-2006 financial year:  
Item
Matter
Amount
($)
Purpose of amount
1
Retainable amount of the levy money payable to the Commonwealth under the Authorised Deposit-taking Institutions Supervisory Levy Imposition Act 1998
2 560 000
The Australian Securities and Investments Commission, in so far as it provides, on behalf of the Commonwealth, market integrity and consumer protection functions for prudentially regulated institutions
2
Retainable amount of the levy money payable to the Commonwealth under the Authorised Non-operating Holding Companies Supervisory Levy Imposition Act 1998
0
 
3
Retainable amount of the levy money payable to the Commonwealth under the General Insurance Supervisory Levy Imposition Act 1998
1 720 000
The Australian Securities and Investments Commission, in so far as it provides, on behalf of the Commonwealth, market integrity and consumer protection functions for prudentially regulated institutions
4
Retainable amount of the levy money payable to the Commonwealth under the Life Insurance Supervisory Levy Imposition Act 1998
2 040 000
The Australian Securities and Investments Commission, in so far as it provides, on behalf of the Commonwealth, market integrity and consumer protection functions for prudentially regulated institutions
5
Retainable amount of the levy money payable to the Commonwealth under the Retirement Savings Account Providers Supervisory Levy Imposition Act 1998
0
 
6
Retainable amount of the levy money payable to the Commonwealth under the Superannuation Supervisory Levy Imposition Act 1998
13 557 000
$10 612 000 of the amount is for the Australian Securities and Investments Commission, in so far as it provides, on behalf of the Commonwealth, market integrity and consumer protection functions for prudentially regulated institutions $2 945 000 of the amount is for the Australian Taxation Office, in so far as it provides, on behalf of the Commonwealth, market integrity and consumer protection functions for prudentially regulated institutions