Document ID: chunk:federal_register_of_legislation:C2014C00508:clause:6_1
Version: federal_register_of_legislation:C2014C00508
Segment Type: clause
Provision Reference: sch 6 cl 1
Character Range: 438958–439515

1  Subsection 3(1) (definition of prescribed date for payment)
Repeal the definition, substitute:
prescribed date for payment, in relation to any levy that is payable, means:
 (a) if levy is payable because of an assessment that has been made—the date stated in the notice of assessment to be the date by which the levy is to be paid; or
 (b) in any other case—the next 31 December following the end of the relevant financial year.
Note: As the levy is paid in arrears, levy might be payable in respect of a chemical product whose registration has ceased.