Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsFor working out whether levy is imposed by subsection 8(1) of the Act on a person for a levy period, each of the following is a general condition prescribed for the purposes of paragraph 8(1)(b) of the Act:
(a) the condition that the person is a leviable entity for the qualifying period for the levy period;
(b) the condition that a law of the Commonwealth requires (directly or indirectly) the person to be a member of the AFCA scheme.
Note: For annual levy to be imposed on the person, subsection
8(1) of the Act requires each of these conditions to be met at any time during
the qualifying period for the levy period.