(1) A leviable entity forms part of the listed corporations sub-sector in a financial year if, at any time in the financial year, the entity is a listed corporation.
Levy component
(2) The amount of a leviable entity's levy component in respect of the sub-sector for the financial year is the sum of:
(a) the minimum levy component for the sub-sector; and
(b) the graduated levy component for the entity for the sub-sector.
Note: For the graduated levy component, see section 10.
Entity metric
(3) The leviable entity's entity metric for the sub-sector for the financial year is:
(a) if the entity's market capitalisation for the financial year (as worked out under subsection (5)) is less than the maximum levy threshold--the entity's market capitalisation for the financial year; or
(b) if the entity's market capitalisation for the financial year (as worked out under subsection (5)) equals or exceeds the maximum levy threshold--the maximum levy threshold.
(4) However:
(a) there is a pro-rata of the entity metric; and
(b) for the purposes of section 11, the number of counted days is the number of days in the financial year on which the leviable entity was a listed corporation.
(5) A leviable entity's market capitalisation for a financial year is worked out by:
(a) if the entity is listed on a financial market at the end of the financial year--multiplying:
(i) the price for the entity's main class of securities at the time the financial market closes on the last trading day on or before 30 June of the financial year; by
(ii) the number of securities in that class at that relevant time; or
(b) if the entity is not listed on a financial market at the end of the financial year--multiplying:
(i) the last price for the entity's main class of securities on the day before the entity stops being listed on the financial market; by
(ii) the number of securities in that class at that relevant time.
(6) The maximum levy threshold for the sub-sector is $20,000,000,000.
(7) The minimum levy component for the sub-sector is $4,000.
(8) The minimum levy threshold for the sub-sector is $5,000,000.