CTHRepealedAct
Telecommunications Universal Service Management Agency Act 2012
110Set‑off
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#### 110 Set‑off
(1) If:
(a) an amount of levy (the first amount) is payable by a person in relation to:
(i) the eligible levy period starting immediately after the first eligible revenue period; or
(ii) the eligible levy period starting immediately after the second eligible revenue period; and
(b) an amount (the second amount) is payable by the Commonwealth to the person;
the Minister may, on behalf of the Commonwealth, set off the whole or a part of the first amount against the whole or a part of the second amount.
(2) For the purposes of paragraph (1)(b), if a person is eligible to receive a grant of financial assistance from the Commonwealth, the amount of the grant is taken to be an amount payable by the Commonwealth to the person.