Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2013

I, William Richard Shorten, Minister for Financial Services and Superannuation, make the following determination under subsection 7(1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

Dated: 24 June 2013

William Richard Shorten

Minister for Financial Services and Superannuation

Contents

1 Name of determination

2 Commencement

3 Authority

4 Repeal

5 Definitions

6 Amount of levy

1  Name of determination

  This determination is the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2013.

2  Commencement

  This determination commences on 1 July 2013.

3  Authority

  This determination is made under subsection 7(1) of the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998.

4  Repeal

  The Authorised Non‑operating Holding Companies Supervisory Levy Imposition Determination 2012 is repealed.

5  Definitions

  In this determination:

2013‑2014 financial year means the financial year commencing on 1 July 2013.

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

6  Amount of levy

  For paragraphs 7(1)(a), (b) and (c) of the Act, the amount of levy payable by an authorised NOHC described in those paragraphs is $10 000 for the 2013‑2014 financial year.

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