{"id":"F2017L00908","name":"Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2017","slug":"authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2017","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":439266,"registerId":"F2017L00908-fast-fetch-1775955355758","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 2017","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-keywords: \"[SEC=DLM-ONLY:For-Official-Use-Only]\"\ntitle: 2017 Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination\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 2017\n\nI, Scott Morrison, Treasurer, make the following determination under subsection 7(1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.\n\nDated:  27 June 2017\n\nScott Morrison\n\nTreasurer\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\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n1  Name of determination\n\n  This determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2017.\n\n2  Commencement\n\n  This determination commences on 1 July 2017.\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 Repeal\n\n  The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2016 is repealed.\n\n5  Definitions\n\n  In this determination:\n\n2017‑2018 financial year means the financial year commencing on 1 July 2017.\n\nAct means the Authorised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 $30 000 for the 2017‑2018 financial year.\n\nNote: Authorised NOHC is defined in section 5 of the Act.\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1847},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is an annual legislative instrument performing its standard statutory function under the parent Act. The scope remains strictly limited to setting the supervisory levy amount for authorised NOHCs for the specified financial year, consistent with the original legislative scheme."},"complexity_factors":["Only 6 short sections with minimal text","Single substantive provision setting a fixed dollar amount ($30,000)","Only 2 definitions plus one reference to parent Act definitions","No conditional logic, exceptions, or nested provisions","Straightforward repeal of preceding annual determination without transitional provisions"],"plain_english_summary":"This document sets the annual supervisory fee that **authorised non-operating holding companies (NOHCs)** must pay to the Australian Government.\n\n**What is an authorised NOHC?**\nThese are special types of companies that don't run their own trading operations, but instead own and control other financial businesses (like banks or insurance companies). They are regulated by the Australian Prudential Regulation Authority (APRA) to ensure financial stability.\n\n**What does this determination do?**\n- Sets the annual supervisory **levy at $30,000** for each authorised NOHC\n- Applies specifically to the 2017-2018 financial year\n- Replaces the previous year's levy determination (which set a different amount)\n- Operates under the Authorised Non-operating Holding Companies Supervisory Levy Imposition Act 1998\n\n**Why this matters**\nThe levy helps fund the government's oversight of these financial entities. By ensuring these holding companies remain financially sound, the law protects the broader banking and insurance systems that ordinary Australians rely on."}},"importantCases":[],"_links":{"self":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2017","history":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2017/history","analysis":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2017/analysis","conflicts":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2017/conflicts","importantCases":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2017/important-cases","documents":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2017/documents"}}