123Designated small levy‑payers

123 Designated small levy‑payers

(1) The Secretary may, by written notice given to a person, declare that the person is a designated small levy‑payer in relation to a specified financial year for the purposes of this Part. (2) The declaration has effect accordingly. (3) The Secretary must not make a declaration in relation to a person under subclause (1) unless the Secretary is satisfied that: (a) the person is liable to pay, or is likely to be liable to pay either or both of the following: (i) one or more amounts of levy under paragraph 89(1)(b) on retail sales that occurred, or are likely to occur, during that financial year; (ii) one or more amounts of levy under paragraph 89(1)(d) on relevant applications that occurred, or are likely to occur, during the financial year concerned; and (b) the total of those amounts is, or is likely to be, less than $1,000.