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AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE SUPERVISORY COST RECOVERY LEVY (COLLECTION) ACT 2011 (NO. 55, 2011) - NOTES

 

No. 55, 2011

 

 

 

 

 

  

  

  


Contents

1............ Short title............................................................................................. 2

2............ Commencement................................................................................... 2

3............ Act binds the Crown........................................................................... 3

4............ External Territories.............................................................................. 3

5............ Extraterritorial application................................................................... 3

6............ Definitions.......................................................................................... 3

7............ Liability to AUSTRAC cost recovery levy......................................... 4

8............ When levy due for payment................................................................ 4

9............ Late payment penalty........................................................................... 5

10.......... Payment of levy and late payment penalty........................................... 5

11.......... Waiver of levy and late payment penalty............................................. 5

12.......... Recovery of levy and late payment penalty......................................... 6

13.......... Exempting laws ineffective................................................................. 6

14.......... Internal review of certain decisions..................................................... 6

15.......... Administrative Appeals Tribunal review of certain decisions............. 7

16.......... Regulations......................................................................................... 7

 


 

 

Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy (Collection) Act 2011

No. 55, 2011

 

 

 

An Act to provide for the collection of levies imposed on persons regulated by the Australian Transaction Reports and Analysis Centre, and for related purposes

[Assented to 28 June 2011]

The Parliament of Australia enacts:

 

[Minister's second reading speech made in--

House of Representatives on 12 May 2011

Senate on 14 June 2011]

(83/11)

 



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