Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The rule in subsection (2) applies if the ACMA has assessed the eligible revenue of participating persons for an eligible revenue period.
(2) For the eligible levy period starting immediately after the eligible revenue period, the ACMA must work out a levy contribution factor for each of those participating persons.
Note: The levy contribution factor is used to work out the levy amount of a participating person (see section 50).
(3) For the purposes of this Act, the levy contribution factor of a person for an eligible levy period is the amount worked out using the following formula:
where:
"individual eligible revenue" means the assessed eligible revenue of the person for the eligible revenue period ending immediately before the eligible levy period.
"total eligible revenue" means the total assessed eligible revenue, for the eligible revenue period ending immediately before the eligible levy period, of all the participating persons for the eligible revenue period.