sec.12Additional levy— Act , s 80

sec.12 Additional levy— Act , s 80

For section 80 (8) of the Act , the additional levy is the total of the amounts worked out by applying the percentages mentioned in section 8 to the difference between— the cost of the building and construction work for which levy has been paid; and the cost of the work for which levy is payable. The additional levy must be rounded to the nearest dollar (rounding one-half downwards). (sec.12-ssec.1) For section 80 (8) of the Act , the additional levy is the total of the amounts worked out by applying the percentages mentioned in section 8 to the difference between— the cost of the building and construction work for which levy has been paid; and the cost of the work for which levy is payable. (sec.12-ssec.2) The additional levy must be rounded to the nearest dollar (rounding one-half downwards).

• (a) the cost of the building and construction work for which levy has been paid; and
• (b) the cost of the work for which levy is payable.