Commonwealth Numbered Regulations Commonwealth Numbered Regulations(1) A leviable entity forms part of the credit intermediaries sub-sector in a financial year if, at any time in the financial year, the entity holds an Australian credit licence that authorises the entity to engage in credit activities other than as a credit provider.
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 the number of credit representatives (within the meaning of the National Consumer Credit Protection Act 2009 ) the entity has at the end of the financial year.
(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 holds a licence of the kind mentioned in subsection (1).
(5) The minimum levy component for the sub-sector is $1,000.