1ASIC (Supervisory Cost Recovery Levy—Regulatory Costs) Instrument 2019/1160

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ASIC (Supervisory Cost Recovery Levy—Regulatory Costs) Instrument 2019/1160

I, Emily Hodgson, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date 20 November 2019

 

 

Emily Hodgson

 

Contents

Part 1—Preliminary

1 Name of legislative instrument

2 Commencement

3 Authority

4 Definitions

Part 2—Determination

5 Applicable financial year

6 ASIC’s regulatory costs

7 Attribution of ASIC’s regulatory costs to each sub-sector

 

Part 1—Preliminary

1 Name of legislative instrument

This is the ASIC (Supervisory Cost Recovery Levy—Regulatory Costs) Instrument 2019/1160.

2 Commencement

This instrument takes effect as follows:

(a) if subsection 11(3) of ASIC Supervisory Cost Recovery Levy Act 2017 applies—the instrument takes effect on the day specified in paragraph 11(3)(a) of that Act;

(b) if subsection 11(4) of ASIC Supervisory Cost Recovery Levy Act 2017 applies—the remaining provisions of the instrument take effect on the day specified in paragraph 11(4)(a) of that Act.

Note 1: Section 11 of the ASIC Supervisory Cost Recovery Levy Act 2017 contains special provisions dealing with the disallowance and taking effect of instruments of this kind.

Note 2: Subsection 10(8) of the ASIC Supervisory Cost Recovery Levy Act 2017 has the effect that the instrument can have retrospective application before the day it is registered on the Federal Register of Legislation. The register may be accessed at www.legislation.gov.au.

3 Authority

This instrument is made under subsection 12A(6) of the Australian Securities and Investments Commission Act 2001 for the purposes of subsection 10(2) of the ASIC Supervisory Cost Recovery Levy Act 2017.