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ASIC Supervisory Cost Recovery Levy Regulations 2017
7Levy component
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#### 7 Levy component
When an entity has a levy component
(1) A leviable entity has a levy component for a financial year in respect of each sub‑sector of which the entity forms part at any time in the financial year.
Amount of a levy component
(2) The amount of a leviable entity’s levy component for a financial year in respect of a sub‑sector is:
(a) if a provision of Part 3 provides that the basic levy component applies to the sub‑sector for the financial year—the basic levy component for the entity for the sub‑sector for the financial year; or
(b) otherwise—the amount of the levy component worked out for the entity and the sub‑sector under Part 3.
> Note: For the basic levy component, see section 9.