Section 22 - Radiocommunications (Transmitter Licence Tax) Determination 2025 - Amount of tax payable — licence issued for period greater than 12 months, where subsection 6(6) of the Act applies

22 Amount of tax payable – licence issued for period greater than 12 months, where subsection 6(6) of the Act applies

(1) This item applies to a Part 4 licence where: (a) the licence has a licence period greater than 12 months; and (b) the licensee has failed to pay tax imposed on an anniversary of the start day for the licence (the relevant anniversary) within 60 days after the relevant anniversary. (2) Subject to items 24 and 25, the amount of tax payable in relation to the holding of the licence on a particular day (the holding day) is worked out as follows: (a) first, find the yearly amount for the licence; (b) second, multiply that yearly amount by the number of days in the remaining holding period; (c) third, divide the result by 365; (3) In sub-item (2), the remaining holding period for a licence is the period: (a) commencing on the relevant anniversary; and (b) ending at the end of the licence period for the licence.

22Amount of tax payable — licence issued for period greater than 12 months, where subsection 6(6) of the Act applies

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22 Amount of tax payable – licence issued for period greater than 12 months, where subsection 6(6) of the Act applies