Victorian Consolidated Legislation

Financial Institutions Duty Act 1982 - SECT 20

Financial institutions duty in respect of certain short-term dealings

20. Financial institutions duty in respect of certain short-term dealings

Subject to this Act, a registered short-term money market operator is liable
to pay financial institutions duty in respect of his average daily liability
during a month in respect of short-term dealings at the rate of 0·005 per
centum of that average daily liability.