12Entity metric

12 Entity metric

General rule (1) A person’s entity metric for a levy period and a sub‑sector is worked out as follows:

<table cellspacing="0" cellpadding="0" style="width:100%; border-collapse:collapse"><thead><tr><td colspan="3" style="border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Working out the person’s entity metric</span></p></td></tr><tr><td style="width:8.58%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Item</span></p></td><td style="width:37.4%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>For this sub</span><span>‑</span><span>sector:</span></p></td><td style="width:54.02%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>The person’s entity metric is:</span></p></td></tr></thead><tbody><tr><td style="width:8.58%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>1</span></p></td><td style="width:37.4%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>credit intermediaries sub</span><span>‑</span><span>sector</span></p></td><td style="width:54.02%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>the number of credit representatives (within the meaning of the </span><span style="font-style:italic">National Consumer Credit Protection Act 2009</span><span>) the person has at the end of the qualifying period for the levy period.</span></p></td></tr><tr><td style="width:8.58%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>2</span></p></td><td style="width:37.4%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>credit providers sub</span><span>‑</span><span>sector</span></p></td><td style="width:54.02%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>the gross amount of credit provided by the person in the qualifying period for the levy period under credit contracts (other than small amount credit contracts or medium amount credit contracts).</span></p></td></tr><tr><td style="width:8.58%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>3</span></p></td><td style="width:37.4%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>licensed personal advice sub</span><span>‑</span><span>sector</span></p></td><td style="width:54.02%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>subject to subsection</span><span> </span><span>(2), the number of relevant providers that:</span></p><p class="Tablea"><span>(a) are registered on the Register of Relevant Providers at the end of the qualifying period for the levy period; and</span></p><p class="Tablea"><span>(b) are authorised to provide personal advice to retail clients on behalf of the person.</span></p></td></tr><tr><td style="width:8.58%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>4</span></p></td><td style="width:37.4%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>securities dealers sub</span><span>‑</span><span>sector</span></p></td><td style="width:54.02%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>the total value of transactions in securities (as measured by the buy price plus the sale price of securities) that:</span></p><p class="Tablea"><span>(a) are executed for the person on, or reported for the person to, a large securities exchange in the qualifying period for the levy period; and</span></p><p class="Tablea"><span>(b) are reported by the operator of the large securities exchange to ASIC’s Market Surveillance System; and</span></p><p class="Tablea"><span>(c) are recognised by ASIC’s Market Surveillance System as executed transactions.</span></p><p class="Tabletext"><span>For this purpose, 2 or more reports that relate to the same transaction, and contain the same information, are counted as one transaction.</span></p></td></tr></tbody></table>