Document ID: chunk:federal_register_of_legislation:F2024L01568:clause:1_3
Version: federal_register_of_legislation:F2024L01568
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 228034–228997

3                        To whom is the levy payable?                       The Commonwealth

Note 1: For items 1 and 2, Racing Australia (as a collection agent) is liable to pay an amount, on behalf of the levy payer, equal to the levy: see clause 12‑5.
 If Racing Australia pays that amount, the levy payer's liability to pay the levy is discharged under section 10 of the Act. That section allows Racing Australia to deduct amounts from money received by Racing Australia on behalf of the levy payer or money payable by Racing Australia to the levy payer, or to recover amounts from the levy payer, up to the amount of the levy.
Note 2: For penalty for late payment, see section 9 of the Act.

Making and keeping records
 (2) For the purposes of paragraph 59(2)(b) of the Act, for levy imposed on a thoroughbred horse that is a mare or a stallion, this table has effect.

Record‑keeping
Item            Matter                                              Rule