Document ID: chunk:federal_register_of_legislation:F2024L01568:clause:2_3
Version: federal_register_of_legislation:F2024L01568
Segment Type: clause
Provision Reference: sch 2 cl 3
Character Range: 1057700–1058857

3               For how long must the levy payer keep the records?  Until the end of the period of 5 years beginning on the day after the end of the financial year in which the levy is imposed

Note: Section 18 of the Act contains an offence and a civil penalty for failing to make or keep the records in accordance with this instrument.

73‑2  Obligations of collection agents
 (1) This clause sets out obligations that are imposed on a person (the seller) if:
 (a) levy is imposed by clause 73‑1 of Schedule 2 to the Primary Industries (Excise) Levies Regulations 2024 on containers; and
 (b) the containers are purchased by the levy payer in a quarter in a financial year from the seller and the seller carries on operations in Australia.
Note: For when containers are purchased, see clause 73‑3 of this Schedule.

Payment of equivalent amounts
 (2) For the purposes of subsection 10(1) of the Act, this table has effect.

Payment of equivalent amounts
Item                           Matter                                                                                                                                                               Rule