Document ID: chunk:federal_register_of_legislation:C2004A00735:clause:4_6
Version: federal_register_of_legislation:C2004A00735
Segment Type: clause
Provision Reference: sch 4 cl 6
Character Range: 183954–185137

6  Working out how much levy is payable

(1) If the total of the amounts payable to carriers out of the Universal Service Account is more than the balance of the Universal Service Account, after paying any refunds that are due under section 208 of the former law, the ACA must:
 (a) work out the amount payable to each carrier as a proportion of the total amounts payable; and
 (b) ensure that any payments out of the Universal Service Account are made in accordance with those proportions (rounding amounts to whole dollars as the ACA considers appropriate).

(2) However, if the Minister determines in writing a different method for making payments out of the Universal Service Account than the method provided in subitem (1), the ACA must act in accordance with that determination.

(3) A determination under subitem (2) is a disallowable instrument for the purposes of section 46A of the Acts Interpretation Act 1901.

(4) A carrier's levy credit balance for the 1998‑1999 financial year is reduced by the amount (worked out under this item) that is paid to the carrier.

(5) This item continues to apply until each carrier's levy credit balance for the year is reduced to nil.