Document ID: chunk:federal_register_of_legislation:F2025L00058:clause:2_6
Version: federal_register_of_legislation:F2025L00058
Segment Type: clause
Provision Reference: sch 2 cl 6
Character Range: 93223–95010

6  Amount of tax payable – licence issued for period greater than 12 months, where subsection 6(6) or subsection 6(12) of the Act applies
 (1) This item applies to a spectrum access licence or a set amount licence where:
 (a) the licence has a licence period greater than 12 months; and
 (b) either:
 (i) before the licence was issued, the licensee elected that subsection 6(3) of the Act apply to the licence; or
 (ii) for a licence issued to a person under section 100B, 102 or 102A of the Radiocommunications Act 1992 – before the licence was issued, the licensee elected that subsection 6(8) of the Act apply to the licence; and
 (c) the licensee has failed to pay tax imposed on an anniversary of the start day for the licence (the relevant anniversary) within 60 days after the relevant anniversary.
Note 1: Subsection 6(10) of the Act sets out when a person is taken to have made an election under subsection 6(9) of the Act that subsection 6(8) of the Act is to apply.
Note 2: Sections 100B and 102A of the Radiocommunications Act 1992 have been repealed.
 (2) Subject to items 8 to 10, the amount of tax payable in relation to the holding of the licence on a particular day (the holding day) is worked out as follows:
 (a) first, work out the initial amount as follows:
 (i) for a spectrum access licence, add together the annual amounts for each spectrum access for the licence;
 (ii) for a set amount licence, find the annual amount for the licence;
 (b) second, multiply the initial amount by the number of days in the remaining holding period;
 (c) third, divide the result by 365.
 (3) In sub-item (2), the remaining holding period for a licence is the period:
 (a) commencing on the relevant anniversary; and
 (b) ending at the end of the licence period for the licence.