sec.152SPayments by local governments to department

sec.152S Payments by local governments to department

A local government must from time to time make payments to the department, for the fund, out of its operating fund from moneys received or recovered by the local government pursuant to this division. The amount of a payment shall be the total of the moneys received or recovered by the local government during the relevant financial year or declared period less the total of all amounts retained by the local government under section 152R . An amount payable under this section must be paid within 14 days after the expiration of the financial year or declared period to which the amount relates or within such further time as the commissioner may allow. Every payment must be accompanied by a return in the approved form. In this section— declared period means a period in a financial year declared under a regulation as a declared period. s 152S (prev s 118) amd 1995 No. 55 s 31 ; 1996 No. 42 ss 20 sch 1 , 21 sch 2 ; 1997 No. 52 s 9 ; 1998 No. 37 s 9 sch ; 2001 No. 76 s 11 sch 2 ; 2013 No. 28 s 38 ; 2014 No. 17 s 184 sch 1 pt 4 ; 2024 No. 22 s 92 sch 1 reloc and renum 2024 No. 22 s 60 (2) (sec.152S-ssec.1) A local government must from time to time make payments to the department, for the fund, out of its operating fund from moneys received or recovered by the local government pursuant to this division. (sec.152S-ssec.2) The amount of a payment shall be the total of the moneys received or recovered by the local government during the relevant financial year or declared period less the total of all amounts retained by the local government under section 152R . (sec.152S-ssec.3) An amount payable under this section must be paid within 14 days after the expiration of the financial year or declared period to which the amount relates or within such further time as the commissioner may allow. (sec.152S-ssec.4) Every payment must be accompanied by a return in the approved form. (sec.152S-ssec.5) In this section— declared period means a period in a financial year declared under a regulation as a declared period.