Document ID: chunk:federal_register_of_legislation:F2024C01058:reg:20
Version: federal_register_of_legislation:F2024C01058
Segment Type: reg
Provision Reference: reg 20
Character Range: 28018–30713

20  Registered liquidators
 (1) A leviable entity forms part of the registered liquidators sub‑sector in a financial year if, at any time in the financial year, the entity is a registered liquidator.

Levy component
 (2) The amount of a leviable entity's levy component in respect of the sub‑sector for the financial year is the sum of:
 (a) the minimum levy component for the sub‑sector; and
 (b) the graduated levy component for the entity for the sub‑sector.
Note: For the graduated levy component, see section 10.

Entity metric
 (3) The leviable entity's entity metric for the sub‑sector for the financial year is the sum of:
 (a) the number of the following appointments under Chapter 5 of the Corporations Act 2001 accepted by the entity in the financial year:
 (i) an appointment as a controller;
 (ii) an appointment as a liquidator;
 (iii) an appointment as a managing controller;
 (iv) an appointment as a receiver;
 (v) an appointment as a receiver and manager;
 (vi) an appointment as a scheme manager;
 (vii) an appointment as a voluntary administrator;
 (viii) an appointment as an administrator of a deed of company arrangement;
 (ix) an appointment as a restructuring practitioner for a company;
 (x) an appointment as a restructuring practitioner for a restructuring plan; and
 (b) the number of appointments of the kind mentioned in subparagraphs (a)(i) to (x) that were accepted in an earlier financial year and that the entity is still acting in at the start of the financial year for which the levy component is to be calculated; and
 (c) the number of the following events that are published on the publication website maintained by ASIC under regulation 5.6.75 of the Corporations Regulations 2001 for the entity in the financial year:
 (i) notice of meetings;
 (ii) notice of disclaimer of property;
 (iii) notice to submit particulars of debt or claims;
 (iv) notice to creditors to submit formal proof;
 (v) notice of intention to declare dividend; and
 (d) the number of the following documents lodged with ASIC by the entity in the financial year:
 (i) a notice of the outcome of a proposal to pass a resolution without a meeting (however, if more than one proposal to pass a resolution without a meeting in relation to the same administration is decided on the same day, count the proposals as a single lodgement);
 (ii) an executed deed of company arrangement (however, if the deed involves more than one company under external administration, count the deed as a single lodgement);
 (iii) a restructuring plan that has been made.
 (4) The minimum levy component for the sub‑sector is $2,500.

Division 2—Deposit‑taking and credit sector

Subdivision 2.1—General