Document ID: chunk:federal_register_of_legislation:C2017A00009:section:9
Version: federal_register_of_legislation:C2017A00009
Segment Type: section
Provision Reference: s 9
Character Range: 3762–5469

9  Amount of levy
 (1) The amount of levy imposed on a hazardous waste permit application is:
 (a) $4,616; or
 (b) if another amount not exceeding $6,000 is prescribed by the regulations—that other amount.
 (2) However, if the indexation factor for an indexation day is greater than 1, the amount of the levy is, on that day, replaced by the amount worked out using the formula:
 (3) The amount worked out under subsection (2) is to be rounded to the nearest dollar (rounding 50 cents upwards).

Indexation factor
 (4) The indexation factor for an indexation day is the number worked out using the formula:

where:
base March quarter means the last March quarter before the reference March quarter.
reference March quarter means the last March quarter before the indexation day.
 (5) The indexation factor is to be worked out to 3 decimal places (rounding up if the fourth decimal place is 5 or more).

Index numbers
 (6) Subject to subsection (7), if at any time before or after the commencement of this section:
 (a) the Australian Statistician has published or publishes an index number in respect of a quarter; and
 (b) that index number is in substitution for an index number previously published by the Australian Statistician in respect of that quarter;
disregard the publication of the later index number for the purposes of this section.
 (7) If, at any time before or after the commencement of this section, the Australian Statistician has changed or changes the index reference period for the Consumer Price Index, then, for the purposes of applying this section after the change took place or takes place, have regard only to index numbers published in terms of the new index reference period.