7How to work out the amount of tax imposed

7 How to work out the amount of tax imposed

(1) For the purposes of subsection 7(1) of the Act, this section sets out how to determine the amount of tax imposed in respect of the issue of a licence, the anniversary of a licence coming into force or the holding of a licence. (2) First, subject to Part 3 of this instrument, identify the Part of Schedule 1 that applies to the licence.

Note: The ACMA issues licences such that only one Part of Schedule 1 will apply to a licence.

(3) Second, follow the instructions in that Part of Schedule 1 to work out one of the following: (a) for a spectrum access licence – the annual amount for each spectrum access for the licence; (b) for a set amount licence – the annual amount for the licence; (c) for a Part 4 licence – the amount of tax for the licence. (4) The amount of tax is: (a) if paragraph (3)(a) or (b) applies in relation to the licence – the amount worked out in accordance with Schedule 2; (b) if paragraph (3)(c) applies in relation to the licence – the amount worked out in accordance with Part 4 of Schedule 1. (5) An amount of tax worked out in accordance with this section is an amount in Australian dollars.