INSURANCE SUPERVISORY LEVIES COLLECTION REGULATIONS 1989 NO. 82 

INSURANCE SUPERVISORY LEVIES COLLECTION REGULATIONS 1989 NO. 82 
- TABLE OF PROVISIONS

1. Citation  
2. Interpretation  
3. Remission of levy  
4. Manner of payment of levy  
5. Refund of overpayments  


1989 No. 82 INSURANCE SUPERVISORY LEVIES COLLECTION REGULATIONS
- REG 1
Citation


  1. These Regulations may be cited as the Insurance Supervisory Levies
Collection Regulations.


1989 No. 82 INSURANCE SUPERVISORY LEVIES COLLECTION REGULATIONS
- REG 2
Interpretation


  2. In these Regulations, unless the contrary intention appears:
  "the Act" means the Insurance Supervisory Levies Collection Act 1989.


1989 No. 82 INSURANCE SUPERVISORY LEVIES COLLECTION REGULATIONS
- REG 3
Remission of levy


  3. Where levy is payable by a body corporate in respect of which an
exemption under subsection 37 (1) of the Insurance Act 1973 is in force, the
amount of $9,000 is remitted from the annual rate (within the meaning of
subsection 9 (1) of the General Insurance Supervisory Levy Act 1989) of the
levy that would otherwise be so payable.


1989 No. 82 INSURANCE SUPERVISORY LEVIES COLLECTION REGULATIONS
- REG 4
Manner of payment of levy


  4. Levy and other amounts payable to the Commonwealth under the Act shall be
paid to the Receiver of Public Moneys at any office of the Commissioner.


1989 No. 82 INSURANCE SUPERVISORY LEVIES COLLECTION REGULATIONS
- REG 5
Refund of overpayments


  5. Where:
  (a)  an amount is payable by a person under the Act; and
  (b)  an amount greater than the amount so payable is paid by that person;
the Commissioner may refund to that person an amount equal to the amount of
the overpayment.


- NOTES


1989 No. 82*1* INSURANCE SUPERVISORY LEVIES COLLECTION REGULATIONS



*1* Notified in the Commonwealth of Australia Gazette on 4 May 1989.