86ASubsequent annual administrative levies payable during period in which authorisations are automatically extended—the Act, ss 292K, 292O and 382A

#### 86A Subsequent annual administrative levies payable during period in which authorisations are automatically extended—the Act, ss 292K, 292O and 382A 86A Subsequent annual administrative levies payable during period in which authorisations are automatically extended—the Act, ss 292K, 292O and 382A > > (1) This clause applies to an annual administrative levy if— > > > > > (a) the annual administrative levy is required to be paid during a period in which the authorisation to which it relates continues to have effect because of the Act, section 117, and > > > > > (b) the decision-maker finally disposes of the application for renewal of the authorisation by rejecting it or refusing it. > > > (2) The Secretary must reassess the annual administrative levy by applying the relevant proportion to the amount of the annual administrative levy that, but for this clause, would be payable. > > > (3) If necessary, the Secretary must provide a refund in accordance with the reassessment, unless the refund would be $100 or less. > > > (4) In this clause— > > > > relevant proportion means the proportion of the number of days in the period from, and including, the most recent grant anniversary date until, but not including, the date the application is rejected or refused, to 366 days. > > **cl 86A:** Ins 2022 (802), Sch 1\[46\].