1Stevedoring Levy (Distribution of Surplus Levy) Regulations 2007

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Stevedoring Levy (Distribution of Surplus Levy) Regulations 20071

Select Legislative Instrument 2007 No. 17

I, PHILIP MICHAEL JEFFERY, Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Stevedoring Levy (Collection) Act 1998.

Dated 15 February 2007

P. M. JEFFERY

Governor‑General

By His Excellency’s Command

DE-ANNE KELLY

Parliamentary Secretary to the Minister for Transport and Regional Services

1 Name of Regulations

These Regulations are the Stevedoring Levy (Distribution of Surplus Levy) Regulations 2007.

2 Commencement

These Regulations commence on the day after they are registered.

3 Definitions

In these Regulations:

Act means the Stevedoring Levy (Collection) Act 1998.

responsible person means a person referred to under subsection 8 (1) of the Act.

surplus levy means the surplus under subsection 19 (1) of the Act.

4 Distribution of surplus levy

(1) For subsection 19 (1) of the Act, the scheme for the distribution of surplus levy is as provided for in this regulation.

Stage 1

(2) The amount of surplus levy that each responsible person is to receive is to be calculated as follows:

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Stage 2

(3) If there is any surplus levy remaining after Stage 1, each responsible person is to receive an amount of the levy calculated as follows:

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Note

Note: 1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au.