Document ID: chunk:federal_register_of_legislation:C2006C00145:clause:19_45
Version: federal_register_of_legislation:C2006C00145
Segment Type: clause
Provision Reference: sch 19 cl 45
Character Range: 244343–245910

45  Regulations may deal with transitional matters arising out of changes to levy legislation

(1) The regulations may deal with transitional matters arising out of:
 (a) the repeal of the following Acts:
 (i) the General Insurance Supervisory Levy Act 1989;
 (ii) the Insurance Supervisory Levies Collection Act 1989;
 (iii) the Life Insurance Supervisory Levy Act 1989;
 (iv) the Retirement Savings Accounts Supervisory Levy Act 1997; and
              (b) the amendment of the following Acts:
 (i) the Superannuation Entities (Taxation) Act 1987;
 (ii) the Superannuation Supervisory Levy Act 1991; and
              (c) the enactment of the following Acts:
 (i) the Authorised Deposit‑taking Institutions Supervisory Levy Imposition Act 1998;
 (ii) the Authorised Non‑operating Holding Companies Supervisory Levy Imposition Act 1998;
 (iii) the Life Insurance Supervisory Levy Imposition Act 1998;
 (iv) the General Insurance Supervisory Levy Imposition Act 1998;
 (v) the Retirement Savings Account Providers Supervisory Levy Imposition Act 1998;
 (vi) the Superannuation Supervisory Levy Imposition Act 1998;
 (vii) the Financial Institutions Supervisory Levies Collection Act 1998.

(2) Without limiting subitem (1), the regulations may provide for:
 (a) the crediting of an amount paid by way of one kind of levy against a liability to pay an amount of another kind of levy; and
 (b) the waiver of an amount of levy that is due and payable; and
 (c) the refund of an amount of levy that has been paid.

Part 7—Regulations dealing with transitional matters