{"id":"F2008L02382","name":"Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2008","slug":"authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2008","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":139518,"registerId":"commonwealth-F2008L02382-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2008","content":"![](image.001.png)\n\nAuthorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2008\n\nAuthorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998\n\nI, CHRIS BOWEN, Assistant Treasurer, make this Determination under subsection 7 (1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.\n\nDated 30 June 2008\n\nCHRIS BOWEN\n\nAssistant Treasurer\n\n1 Name of Determination\n\nThis Determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2008.\n\n2 Commencement\n\nThis Determination commences on 1 July 2008.\n\n3 Revocation of Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2007\n\nThe Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2007 is revoked.\n\n4 Definitions\n\nIn this Determination:\n\n> 2008–2009 financial year means the financial year beginning on 1 July 2008.\n\n> Act means the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.\n\n> Note authorised NOHC is defined in section 5 of the Act.\n\n5 Amount of levy (Act s 7)\n\nFor subsection 7 (1) of the Act, the amount of levy payable by an authorised NOHC described in that subsection is $10 000 for the 2008–2009 financial year.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1571},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is a routine annual administrative update that revokes the previous year's determination. The scope remains strictly limited to setting the levy amount for the specified financial year, consistent with the framework established by the parent Act."},"complexity_factors":["Single operative provision setting a flat dollar amount","Only two defined terms in the interpretation section","No conditional logic, exceptions, or tiered calculations","No cross-references to other legislation beyond the enabling Act","Extremely short: 6 sections spanning approximately one page"],"plain_english_summary":"**What this does**\nThis Determination sets the annual supervisory fee (levy) that authorised non-operating holding companies must pay to the government for the 2008–2009 financial year.\n\n**Who it affects**\n**Authorised non-operating holding companies (NOHCs)** — these are companies that control banking or financial groups but don't conduct banking business themselves. They exist to hold the group structure together while actual banking happens through subsidiaries.\n\n**Key detail**\nThe levy is set at **$10,000** for the 2008–2009 financial year. This is a flat fee — every affected company pays the same amount, regardless of size.\n\n**Why it matters**\nThis fee helps fund government supervision (oversight) of these financial entities to ensure they remain financially stable. This instrument replaces the 2007 version to update the amount for the new financial year."}},"importantCases":[],"_links":{"self":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2008","history":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2008/history","analysis":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2008/analysis","conflicts":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2008/conflicts","importantCases":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2008/important-cases","documents":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2008/documents"}}