{"id":"F2011L01332","name":"Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2011","slug":"authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2011","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":125605,"registerId":"commonwealth-F2011L01332-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Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Authorised Non-operating Holding Companies Supervisory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 2011","content":"![](image.001.png)\n\nAuthorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 20111\n\nAuthorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998\n\nI, BILL SHORTEN, Minister for Financial Services and Superannuation, make this Determination under subsection 7 (1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.\n\nDated 23 June 2011\n\nBILL SHORTEN\n\nMinister for Financial Services and Superannuation\n\n1 Name of Determination\n\nThis Determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2011.\n\n2 Commencement\n\nThis Determination commences on the day after it is registered.\n\n3 Revocation\n\nThe Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2010 is revoked on 1 July 2011.\n\n4 Definitions\n\nIn this Determination:\n\n> 2011–2012 financial year means the financial year commencing on 1 July 2011.\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\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 2011–2012 financial year.\n\n> Note\n\n> Note: 1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2060},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This instrument operates within the exact scope intended by the Authorised Non-operating Holding Companies Supervisory Levy Imposition Act 1998, which expressly authorizes the Minister to set annual levy amounts by determination. It does not expand beyond the original legislative purpose."},"complexity_factors":["Single flat fee amount ($10,000) with no tiers, calculations, or variables","Only 5 sections total with minimal text","Only 2 defined terms ('2011-2012 financial year' and 'Act')","No conditional logic, exceptions, or nested provisions","Straightforward revocation of a single preceding instrument"],"plain_english_summary":"This determination sets the annual supervisory levy that authorised non-operating holding companies (NOHCs) must pay to the government.\n\n**Who is affected**\nAuthorised NOHCs — these are companies that don't conduct active business operations themselves but hold shares in authorised financial institutions like banks (essentially corporate shells that own financial businesses).\n\n**What it does**\n- Fixes the supervisory levy at **$10,000** for the 2011–2012 financial year\n- Replaces the previous year's determination (setting the new amount for the new financial year)\n\n**Why it matters**\nFinancial sector companies must pay this levy to help fund their prudential supervision (oversight by regulators to ensure they remain financially stable). This instrument simply specifies exactly how much must be paid for that particular financial year."}},"importantCases":[],"_links":{"self":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2011","history":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2011/history","analysis":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2011/analysis","conflicts":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2011/conflicts","importantCases":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2011/important-cases","documents":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2011/documents"}}