Document ID: chunk:federal_register_of_legislation:C2004A00735:clause:1_20u
Version: federal_register_of_legislation:C2004A00735
Segment Type: clause
Provision Reference: sch 1 cl 20U
Character Range: 135725–137826

20U  ACA to make written assessment

 (1) For each claim period, the ACA must make a written assessment setting out:
 (a) the matters in subsections (2), (3) and (4); and
 (b) the total of all levy credits to which persons are entitled for the claim period.

 (2) For each participating person for the last eligible revenue period that ended before the start of the claim period, the assessment must set out:
 (a) the person's levy debit under section 20R for the claim period; and
 (b) the person's levy debit balance (if any) under section 20S for the claim period; and
 (c) if the person has a levy debit balance—the levy payable by the person on that balance.

Note: Section 20Z sets out when the levy is payable.

 (3) For each universal service provider for the claim period, the assessment must set out:
 (a) the universal service subsidy to which the ACA assesses the provider is entitled for the claim period; and
 (b) the provider's levy credit balance (if any) under section 20T for the claim period; and
 (c) if the provider has a levy credit balance—the amount payable to the provider under section 21C for the claim period.

 (4) For each digital data service provider for the claim period, the assessment must set out:
 (a) the provider's digital data cost for the claim period; and
 (b) the provider's levy credit balance (if any) under section 20T for the claim period; and
 (c) if the provider has a levy credit balance—the amount payable to the provider under section 21C for the claim period.

 (5) The assessment must be made on the basis of:
 (a) the assessments under section 20N of levy credits for the claim period; and
 (b) the assessments under section 20F of eligible revenue for each participating person for the last eligible revenue period that ended before the start of the claim period; and
 (c) any other information or documents that the ACA has and that it thinks relevant to making the assessment.

 (6) The ACA must act expeditiously in preparing its assessment. However, a failure to comply with this subsection does not affect the validity of the assessment.