ASIC Supervisory Cost Recovery Levy (Consequential Amendments) Bill 2017 [2017] AUSStaCSBSD 120 (10 May 2017)

• ASIC Supervisory Cost Recovery Levy (Consequential Amendments) Bill 2017

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ASIC Supervisory Cost Recovery Levy (Consequential Amendments) Bill 2017

Purpose	This bill is part of a package of bills and it seeks to amend a number of Acts to: • require ASIC to publish information on all of its regulatory costs for the previous financial year as soon as practicable after 31 October each year; • authorise ASIC to take administrative actions against entities that have failed to pay their levy, late payment penalty, or shortfall penalty within a year; and • abolish the existing market supervision cost recovery regime
Portfolio	Treasury
Introduced	House of Representatives on 30 March 2017

The committee has no comment on this bill.