Document ID: chunk:federal_register_of_legislation:C2024C00491:section:17:p1
Version: federal_register_of_legislation:C2024C00491
Segment Type: section
Provision Reference: s 17 (pt 1/3)
Character Range: 12516–15487

17  Review of operation of levy
 (1) The Minister must cause an independent review of the operation of the levy to be undertaken as soon as possible after the fourth anniversary of the commencement of the Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy (Collection) Amendment Act 2014.
 (2) The person who undertakes the review must:
 (a) consult with industry participants about the impact of the levy and the costs of complying with the Australian Transaction Reports and Analysis Centre Industry Contribution Act 2011; and
 (b) give the Minister a written report of the review within 6 months after the fourth anniversary of the commencement of the Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy (Collection) Amendment Act 2014.
 (3) The Minister must cause a copy of the report of the review to be tabled in each House of Parliament within 15 sitting days of receiving it.
 (4) A report prepared under subsection (2) must include (but is not limited to):
 (a) a review of the methodology used to calculate instalments of levy; and
 (b) a summary of the consultations undertaken under paragraph (2)(a).

Endnotes

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Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history

Abbreviation key—Endnote 2
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Legislation history and amendment history—Endnotes 3 and 4
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Editorial changes
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Misdescribed amendments
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