18AReporting obligations of collecting agency

18A Reporting obligations of collecting agency

(1) This section applies if an Agency is specified by instrument under section 3A to be the collecting agency. (2) In relation to a particular period, the Agency must notify the APVMA, in writing, of the following: (a) the leviable disposals of a chemical product that took place during the period; (b) the total leviable value (if any) in respect of the product for that period and the amount of the levy (if any) that was payable; (c) any assessment made by the Agency as to whether any levy was payable in respect of leviable disposals of the chemical product during the period; (d) the amounts of levy, late payment penalty or understatement penalty collected by the Agency during the period; (e) if the prescribed date for payment of levy falls within the period—the amounts of levy that have not been paid on or before the prescribed date; (f) if late payment penalty or understatement penalty is payable during the period—any amounts of late payment penalty or understatement penalty that have not been paid; (g) if the amounts of any levy, late payment penalty or understatement penalty overpaid by a person have been credited during the period against a liability of the person to pay another such amount under the Act—the amount credited and the person in relation to whom the amount was credited; (h) if the whole or part of the liability to pay an amount of levy, late payment penalty or understatement penalty has been waived during the period—the amount that has been waived and the person in relation to whom the amount was waived; (i) if the total amount of levy, late payment penalty or understatement penalty was rounded during the period—the amount of levy, late payment penalty or understatement penalty payable, the amount as rounded and the person in relation to whom the amount was rounded. (3) The Agency must notify the APVMA in such form, and by such time after the end of the period, as the APVMA requires.