17Periodic fees and returns

17 Periodic fees and returns

For the purposes of section 16 of the Act –

(a) the period prescribed as the period for which payment of the fee under section 16(1) of the Act must be paid is the period of 12 months ending on the last day of June in any calendar year; and

(b) the date prescribed for the payment of the fee, and the lodgement of a return, under section 16(1) of the Act is 1 July immediately after the period prescribed under paragraph (a) ; and

(c) the fee prescribed to be paid under section 16(1) of the Act is the relevant annual fee specified in item 4 of the table in Schedule 2 ; and

(d) the fee prescribed as a penalty for default under section 16(2) of the Act is the penalty for default specified in item 5 of the table in Schedule 2 .