Document ID: chunk:federal_register_of_legislation:C2004A00735:clause:3_101b
Version: federal_register_of_legislation:C2004A00735
Segment Type: clause
Provision Reference: sch 3 cl 101B
Character Range: 178260–178879

101B  Performance bonds and guarantees

 (1) The Minister may, by written determination, require a person who has a liability to pay levy, or an anticipated liability to pay levy, under section 99 to obtain, in accordance with the determination, performance bonds or guarantees in respect of the person's liability or anticipated liability.

 (2) The person must comply with the determination.

 (3) A determination under this section is a disallowable instrument for the purposes of section 46A of the Acts Interpretation Act 1901.

 (4) In this section:

performance bond has the meaning given by the determination.