Commonwealth Numbered Regulations

ASIC SUPERVISORY COST RECOVERY LEVY REGULATIONS 2017 (F2017L00805) - REG 46

             (1)  A leviable entity forms part of the overseas market operators sub-sector in a financial year if, at any time in the financial year, the entity operates an overseas market.

Entity metric

             (2)  The leviable entity's entity metric for the sub-sector for the financial year is:

                     (a)  unless paragraph (b) applies--the number of days in the financial year on which the entity operated the market; or

                     (b)  if the entity operated 2 or more overseas markets in the financial year--the sum of the days worked out under paragraph (a) for each of those markets.

             (3)  A licensed market is an overseas market if the market is licensed under subsection 795B(2) of the Corporations Act 2001 .