I, BILL SHORTEN, Minister for Financial Services and Superannuation, make this Determination under subsection 7 (1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

Dated 23 June 2011

BILL SHORTEN

Minister for Financial Services and Superannuation

1 Name of Determination

  This Determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2011.

2 Commencement

  This Determination commences on the day after it is registered.

3 Revocation

  The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2010 is revoked on 1 July 2011.

4 Definitions

  In this Determination:

2011–2012 financial year means the financial year commencing on 1 July 2011.

Act means the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

Note   Authorised NOHC is defined in section 5 of the Act.

5 Amount of levy

  For subsection 7 (1) of the Act, the amount of levy payable by an authorised NOHC described in that subsection is $10 000 for the 2011–2012 financial year.

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