{"id":"F2018L00985","name":"Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2018","slug":"authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2018","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":439694,"registerId":"F2018L00985-fast-fetch-1775955619099","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 2018","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 2018\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: 29 June 2018\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 2018.\n\n2  Commencement\n\n  This determination commences on 1 July 2018.\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 Repeal\n\n  The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2017 is repealed.\n\n5  Definitions\n\n  In this determination:\n\n2018‑2019 financial year means the financial year commencing on 1 July 2018.\n\nAct means the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.\n\nNote: Terms used in this determination have the same meaning as in the Act – see section 13 of the Legislation Act 2003.\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 $45 000 for the 2018‑2019 financial year.\n\nNote: Authorised NOHC is defined in section 5 of the Act.\n\n \n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1999},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is a routine annual administrative update that maintains the existing scope of the supervisory levy framework. It simply updates the dollar amount for the 2018-2019 financial year without expanding or altering the underlying regulatory scheme established by the 1998 Act."},"complexity_factors":["Extremely short instrument (only 6 sections)","Only 2 defined terms ('2018-2019 financial year' and 'Act')","Single flat dollar amount ($45,000) with no calculations or variables","No conditional provisions, exceptions, or nested logic","Minimal cross-referencing (only to the enabling Act for categories of liable entities)"],"plain_english_summary":"This determination sets the **annual government fee** that certain financial companies must pay for the 2018‑2019 financial year.\n\n**Who it affects**\nThis applies to **Authorised Non‑Operating Holding Companies** (NOHCs). These are special types of companies that don't run day‑to‑day business operations themselves, but instead own and control other companies that provide financial services (like banks or insurance companies). They are supervised by the Australian Prudential Regulation Authority (APRA).\n\n**What it does**\n*   Sets the supervisory levy at **$45,000** for the 2018‑2019 financial year\n*   Replaces the previous year's determination (which set the 2017‑2018 amount)\n*   The money helps cover the cost of government regulation and oversight of these financial entities\n\nThink of this as the annual \"regulatory fee\" these holding companies pay to operate under government supervision."}},"importantCases":[],"_links":{"self":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2018","history":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2018/history","analysis":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2018/analysis","conflicts":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2018/conflicts","importantCases":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2018/important-cases","documents":"/api/acts/authorised-non-operating-holding-companies-supervisory-levy-imposition-determination-2018/documents"}}