Commonwealth legislation

Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2006

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

This instrument sets the annual supervisory levy for authorised Non‑Operating Holding Companies (NOHCs) at $10,000 for the 2006–07 financial year, takes effect 1 July 2006, and revokes the 2005 determination. It tells authorised NOHCs their fee obligation for that year and funds APRA’s supervision to help maintain financial system stability.

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Authorised Non-operating Holding Companies Supervisory Levy Imposition Determination 2006

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Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2006

I, PETER CRAIG DUTTON, Minister for Revenue and Assistant Treasurer, make this Determination under subsection 7 (1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

Dated 29 June 2006

PETER CRAIG DUTTON

Minister for Revenue and Assistant Treasurer

Contents

1 Name of Determination

2 Commencement

3 Revocation of Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2005

4 Definitions

5 Amount of levy (Act s 7)

1 Name of Determination

This Determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2006.

2 Commencement

This Determination commences on 1 July 2006.

3 Revocation of Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2005

The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2005 is revoked.

4 Definitions

In this Determination:

2006–2007 financial year means the financial year beginning on 1 July 2006.

Act means the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

Note authorised NOHC is defined in section 5 of the Act.

5 Amount of levy (Act s 7)

For subsection 7 (1) of the Act, the amount of levy payable by an authorised NOHC for the 2006–2007 financial year is $10 000.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

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Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2006

Dated 29 June 2006

PETER CRAIG DUTTON

Minister for Revenue and Assistant Treasurer

Contents

1 Name of Determination

2 Commencement

3 Revocation of Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2005

4 Definitions

5 Amount of levy (Act s 7)

1 Name of Determination

This Determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2006.

2 Commencement

This Determination commences on 1 July 2006.

3 Revocation of Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2005

The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2005 is revoked.

4 Definitions

In this Determination:

2006–2007 financial year means the financial year beginning on 1 July 2006.

Act means the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

Note authorised NOHC is defined in section 5 of the Act.

5 Amount of levy (Act s 7)

For subsection 7 (1) of the Act, the amount of levy payable by an authorised NOHC for the 2006–2007 financial year is $10 000.

Read the source document