(1) A leviable entity forms part of the securities dealers sub-sector in a financial year if:
(a) the entity holds, at any time in the financial year, an Australian financial services licence that authorises the holder to deal in securities; and
(b) the entity is not, at any time in the financial year, a participant in a clearing and settlement facility, a large futures exchange or a large securities exchange; and
(c) more than $250,000 in transactions for the entity are executed on, or reported to, a large securities exchange in the financial year.
Levy component
(2) The amount of a leviable entity's levy component in respect of the sub-sector for a 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 total value of transactions in securities (as measured by the buy price plus the sale price of securities) that:
(a) are executed for the entity on, or reported for the entity to, a large securities exchange in the financial year; and
(b) are reported by the operator of the large securities exchange to ASIC's Market Surveillance System; and
(c) are recognised by ASIC's Market Surveillance System as executed transactions.
(4) The minimum levy component for the sub-sector is $1,000.