Document ID: chunk:federal_register_of_legislation:C2004A04225:section:5
Version: federal_register_of_legislation:C2004A04225
Segment Type: section
Provision Reference: s 5
Character Range: 1803–2492

5  Amount of levy

 (1) Subject to subsection (2), the amount of the levy imposed by section 4 on the grant of a licence is such amount as is prescribed by the regulations or as is calculated in accordance with the regulations.

 (2) Where:
 (a) AFMA has entered into an agreement with a person other than the government of another country or with persons none of whom is the government of another country; and
 (b) the agreement contains a provision under which licences are agreed to be granted if an amount specified in the provision is paid to the Commonwealth;
the amount of the levy imposed by section 4 on the grant of all those licences is the amount specified in the provision.