{"id":"F2014L00952","name":"Australian Prudential Regulation Authority (Commonwealth Costs) Determination 2014","slug":"australian-prudential-regulation-authority-commonwealth-costs-determination-2014","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":438115,"registerId":"F2014L00952-fast-fetch-1775954675452","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Australian Prudential Regulation Authority (Commonwealth Costs) Determination 2014","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![Commonwealth Coat of Arms](image.001.png)\n\n \n\n \n\nAustralian Prudential Regulation Authority (Commonwealth Costs) Determination 2014\n\nI, Mathias Cormann, Minister for Finance, make the following determination under paragraph 50(1)(a) and subsection 50(1A) of the Australian Prudential Regulation Authority Act 1998.\n\nDated:  25 June 2014\n\nMathias Cormann\n\nMinister for Finance\n\nfor the Treasurer\n\n \n\n \n\n \n\n \n\nContents\n\n1 Name of determination\n\n2 Commencement\n\n3 Authority\n\n4 Repeal\n\n5 Definitions\n\n6 Commonwealth costs\n\n7 Proportion of levy money paid to APRA\n\n \n\n1  Name of determination\n\n  This determination is the Australian Prudential Regulation Authority (Commonwealth Costs) Determination 2014.\n\n2  Commencement\n\n  This determination commences on 1 July 2014.\n\n3  Authority\n\n  This determination is made under paragraph 50(1)(a) and subsection 50(1A) of the Australian Prudential Regulation Authority Act 1998.\n\n4  Repeal\n\n  The Australian Prudential Regulation Authority (Commonwealth Costs) Determination 2013 (Revised) is repealed.\n\n5  Definitions\n\n  In this determination:\n\n2014‑2015 financial year means the financial year commencing on 1 July 2014.\n\nAct means the Australian Prudential Regulation Authority Act 1998.\n\n6  Commonwealth costs\n\n  For paragraph 50(1)(a) of the Act, the amount of levy money payable to the Commonwealth, in respect of levy for the 2014-2015 financial year, is   $111 900 000.\n\n7  Proportion of levy money paid to APRA\n\n  For subsection 50(1A) of the Act, the proportion of amounts of levy money paid to APRA for the 2014‑2015 financial year, on behalf of the Commonwealth, that is to be credited to the APRA Special Account on an ongoing basis is 51.1%.\n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1686},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is a routine annual determination performing its intended function of setting the levy split between APRA and the Commonwealth for the 2014-15 financial year. No expansion of scope or purpose detected."},"complexity_factors":["Only 7 short sections with minimal text","Contains just 2 defined terms","No conditional logic, exceptions, or nested provisions","Straightforward fixed monetary amounts ($111,900,000 and 51.1%)","Single-purpose instrument with no internal cross-references"],"plain_english_summary":"This instrument fixes how levy revenue collected by APRA is split for the 2014–15 year: APRA must pay $111.9 million to the Commonwealth, and 51.1% of levies will be credited to APRA’s Special Account to fund its work. It affects banks, insurers and superannuation funds by determining how much levy money funds the regulator versus government revenue."}},"importantCases":[],"_links":{"self":"/api/acts/australian-prudential-regulation-authority-commonwealth-costs-determination-2014","history":"/api/acts/australian-prudential-regulation-authority-commonwealth-costs-determination-2014/history","analysis":"/api/acts/australian-prudential-regulation-authority-commonwealth-costs-determination-2014/analysis","conflicts":"/api/acts/australian-prudential-regulation-authority-commonwealth-costs-determination-2014/conflicts","importantCases":"/api/acts/australian-prudential-regulation-authority-commonwealth-costs-determination-2014/important-cases","documents":"/api/acts/australian-prudential-regulation-authority-commonwealth-costs-determination-2014/documents"}}