Commonwealth Consolidated Regulations

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Notification of payment of levies

                   For subsection 889J(7) of the Act, a notification to the Commonwealth of payments of levy received by the operator of a financial market as agent for the Commonwealth must:

                     (a)  be given for each period of 6 months ending on 31 December and 30 June; and

                     (b)  be given in writing to:

                              (i)  the Secretary of the Department of the Treasury; or

                             (ii)  another officer of that Department notified in writing by the Secretary to the receiver of the levy; and

                     (c)  set out the total of the levies (if any) that became payable in the period; and

                     (d)  set out the total of the levies (if any) received in the period; and

                     (e)  be given not later than 2 weeks after the end of the period.

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