{"id":"F2012L01475","name":"Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2012","slug":"authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2012","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":89476,"registerId":"commonwealth-F2012L01475-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2012","content":"![](image.001.png)\n\nAuthorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 20121\n\nAuthorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998\n\nI, William Richard 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 28 June 2012\n\nWilliam Richard 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 2012.\n\n2 Commencement\n\nThis determination commences on 1 July 2012.\n\n3 Revocation\n\nThe Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2011 (Federal Register of Legislative Instruments No. F2011L01332) is revoked.\n\n4 Definitions\n\nIn this determination:\n\n> 2012–2013 financial year means the financial year commencing on 1 July 2012.\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 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 2012–2013 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 www.comlaw.gov.au.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1471},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is a routine annual determination that maintains the same scope as previous versions. It simply updates the levy amount for the 2012–2013 financial year as permitted by the parent Act, without expanding the categories of entities covered or the structure of the levy."},"complexity_factors":["Only 5 short sections total","Single operative provision that sets a flat dollar amount ($10,000)","No conditional logic, exceptions, or formulae","Minimal cross-referencing (only to the enabling Act)","No defined terms beyond basic interpretation"],"plain_english_summary":"This determination sets the **annual supervisory levy** that Authorised Non‑operating Holding Companies (NOHCs) must pay to the government.\n\n**What is an Authorised NOHC?**\nThese are holding companies—companies that own subsidiaries but don't run day‑to‑day operations themselves—that are authorised under the *Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998* (usually by the banking or insurance regulator).\n\n**What does this do?**\nFor the 2012–2013 financial year, every Authorised NOHC must pay a flat fee of **$10,000**. This money helps cover the cost of government supervision and regulation of these financial entities.\n\n**Key points:**\n*   **Who pays**: Authorised Non‑operating Holding Companies\n*   **How much**: $10,000 per company (flat rate)\n*   **When**: Applies to the 2012–2013 financial year (starting 1 July 2012)\n*   **Replacement**: This revokes the previous year's determination (2011) and sets the new rate"}},"importantCases":[],"_links":{"self":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2012","history":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2012/history","analysis":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2012/analysis","conflicts":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2012/conflicts","importantCases":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2012/important-cases","documents":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2012/documents"}}