(1)

Notification to the Commonwealth of payments of levy received as agent for the Commonwealth must:

(a)

be given for each period of 6 months ending on 31 December and 30 June; and

(b)

be given in writing to:

(i)

the Secretary of the Department of Finance and Administration; or

(ii)

another officer of that Department notified in writing by the Secretary to the receiver of the levy; and

(c)

set out the total of the levies (if any) that became payable in the period; and

(d)

set out the total of the levies (if any) received in the period; and

(e)

be given no later than 2 weeks after the end of the period.

(2)

In subregulation (1):

"levy" means a levy mentioned in section 902, 904, 938, 940, 941, 1234 or 1235 of the Act.

Chapter 8 The futures industry