Commonwealth Numbered Regulations

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ASIC SUPERVISORY COST RECOVERY LEVY REGULATIONS 2017 (F2017L00805) - REG 12

Rules about amounts

             (1)  An amount worked out under this Division must be rounded to the nearest whole dollar (rounding 50 cents upwards).

             (2)  If an entity metric worked out under this instrument is not a whole number, the entity metric must be rounded to the nearest whole number (rounding 0.5 upwards).

             (3)  If an entity metric is an amount worked out in Australian dollars, the amount of the entity metric is instead the number of dollars in the amount.

             (4)  If a minimum levy threshold is an amount in Australian dollars, the amount of the threshold is instead the number of dollars in the amount.



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