Commonwealth Consolidated Acts

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FINANCIAL INSTITUTIONS SUPERVISORY LEVIES COLLECTION ACT 1998 - SECT 24

Application of levy, late payment penalty and repayments of financial assistance

                   If levy is imposed as a result of a determination by the Minister to make a grant of financial assistance, the following amounts must be paid to the Commonwealth:

                     (a)  amounts of the levy, and late payment penalty in respect of the levy, received by the Minister;

                     (b)  repayments of the financial assistance.



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