Commonwealth Consolidated Acts

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FINANCIAL INSTITUTIONS SUPERVISORY LEVIES COLLECTION ACT 1998 - SECT 13

Recovery of levy and late payment penalty

             (1)  The following amounts may be recovered by the Commonwealth as debts due to the Commonwealth:

                     (a)  levy that is due and payable;

                     (b)  late payment penalty that is due and payable.

             (2)  APRA is authorised, as agent of the Commonwealth, to bring proceedings in the name of the Commonwealth for the recovery of a debt due to the Commonwealth of a kind mentioned in subsection (1).



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