Div 10Recovery of administration costs

Division 10—Recovery of administration costs 33A—Commissioner to recover administration costs (1) The Commissioner must, not less than 1 month before the commencement of each financial year, notify each licensee in writing of the amount fixed by the Minister as the recoverable administration costs for that financial year. (2) If, during the course of the financial year, the Minister varies the amount fixed as the recoverable administration costs for the financial year, the Commissioner must notify each licensee in writing of the variation, specifying the amount fixed as the revised recoverable administration costs for that financial year. (3) Subject to subsection (4), a licensee must, in each month of the financial year, pay to the Commissioner one‑twelfth of the amount of the recoverable administration costs for that financial year. (4) If a notice is given to a licensee under subsection (2), the licensee must, in each month of the financial year following that notice, pay to the Commissioner an amount equal to the revised recoverable administration costs specified in the notice less the total of the payments that have fallen due under this section in the financial year, divided by the number of payments yet to fall due under this section in the financial year. (5) If the whole or a part of an amount payable by a licensee is not paid to the Commissioner as required, the amount unpaid may be recovered from the licensee as a debt due to the State. (6) In proceedings for recovery of an amount unpaid, the Commissioner's certificate is to be regarded as conclusive evidence of the recoverable administration costs or revised recoverable administration costs for the period specified in the certificate. (7) In this section— administration costs means the costs of administering this Act arising out of, or in connection with, the carrying out of the Commissioner's administrative and regulatory functions in respect of a licensee.