{"id":"F2014L00948","name":"Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2014","slug":"authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2014","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":438104,"registerId":"F2014L00948-fast-fetch-1775954666491","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Authorised Non-operating Holding Companies Supervisory Levy Imposition 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\nAuthorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2014\n\nI, Mathias Cormann, Minister for Finance, make the following determination under subsection 7(1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition 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\nContents\n\n1 Name of determination\n\n2 Commencement\n\n3 Authority\n\n4 Repeal\n\n5 Definitions\n\n6 Amount of levy\n\n \n\n1  Name of determination\n\n  This determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2014.\n\n2  Commencement\n\n  This determination commences on 1 July 2014.\n\n3  Authority\n\n  This determination is made under subsection 7(1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.\n\n4  Repeal\n\n  The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2013 is repealed.\n\n5  Definitions\n\n  In this determination:\n\n2014‑2015 financial year means the financial year commencing on 1 July 2014.\n\nAct means the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.\n\n6  Amount of levy\n\n  For 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 2014‑2015 financial year.\n\nNote: Authorised NOHC is defined in section 5 of the Act.\n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2076},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The determination maintains the same narrow scope as previous years, limited solely to setting the annual levy amount for authorised NOHCs. It simply updates the financial year and repeals the expired 2013 determination without expanding coverage or purpose."},"complexity_factors":["Only 6 sections total","Single operative provision setting a fixed dollar amount ($10,000)","Only 2 defined terms","No conditional logic, exceptions, or nested provisions"],"plain_english_summary":"This determination sets the **annual supervisory fee** that certain financial companies must pay to the government.\n\n**Who it affects**\n- **Authorised non-operating holding companies (NOHCs)** — these are parent companies that own banks, insurers or other financial businesses but don't carry out day-to-day trading operations themselves (think of them as umbrella companies that hold investments but don't sell products directly).\n\n**What it does**\n- Fixes the levy at **$10,000** for the 2014-2015 financial year.\n- Replaces the previous year's determination (from 2013).\n\n**Why it matters**\nThis fee helps fund government oversight of these holding companies to ensure they remain financially stable and properly managed. It operates like an annual registration fee for being allowed to function as a financial holding company in Australia.\n\nThe determination is made under the *Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998*, which gives the Minister power to set this yearly charge."}},"importantCases":[],"_links":{"self":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2014","history":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2014/history","analysis":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2014/analysis","conflicts":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2014/conflicts","importantCases":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2014/important-cases","documents":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2014/documents"}}