Commonwealth Numbered Acts

FINANCIAL INSTITUTIONS SUPERVISORY LEVIES COLLECTION ACT 1998No. 53, 1998 - LONG TITLE

Contents

Part 1--Preliminary

1 Short title

2 Commencement

3 Act binds the Crown

4 External Territories

5 Application of Act to Lloyd's

6 Definitions

Part 2--Collection of levies other than levy under the Superannuation (Financial Assistance Funding) Levy Act 1993

7 Definitions

8 Liability to levy

9 When levy due for payment

10 Late payment penalty

11 Payment of levy and late payment penalty

12 Waiver of levy and late payment penalty

13 Recovery of levy and late payment penalty

14 Exempting laws ineffective

15 Regulations may modify this Part if levy Act commences during a financial year

Part 3--Collection of Levy Under the Superannuation (Financial Assistance Funding) Levy Act 1993

16 Definitions

17 Fund's accounts to be prima facie evidence of value of its assets

18 Liability to levy

19 When levy due for payment

20 Late payment penalty

21 Payment of levy and late payment penalty

22 Waiver of late payment penalty

23 Recovery of levy and late payment penalty

24 How payments of levy and late payment penalty and repayments of financial assistance are to be applied

25 Exempting laws ineffective

26 Delegation

Part 4--Miscellaneous

27 Review of certain decisions

28 Statements to accompany notification of decisions

29 Regulations

Financial Institutions Supervisory Levies Collection Act 1998

No. 53, 1998

An Act to make provision for the collection of levies imposed in respect of various financial institutions, and for related purposes

[ Assented to 29 June 1998 ]

The Parliament of Australia enacts: