Document ID: chunk:federal_register_of_legislation:C2017A00067:clause:2_75
Version: federal_register_of_legislation:C2017A00067
Segment Type: clause
Provision Reference: sch 2 cl 75
Character Range: 77946–79786

75  Application of amendments
(1) Subject to subitems (3) to (6), the amendments made by this Part apply in relation to:
 (a) the first reporting period (the first reporting period) starting on or after the commencement of this item; and
 (b) later reporting periods.
(2) To avoid doubt, the amendments do not, subject to subitems (3) to (6), apply in relation to quarters ending before the start of the first reporting period.

Recovery and threshold
(3) Subsection 69(2) of the Ozone Protection and Synthetic Greenhouse Gas Management Act 1989, as amended by this Part, applies in relation to a licence levy that:
 (a) becomes due and payable on or after the commencement of this item; or
 (b) became due and payable before that commencement, to the extent the levy is not paid before that commencement;
whether the quarter or reporting period to which the levy relates ended before, on or after that commencement.
(4) Subsection 69(3) of the Ozone Protection and Synthetic Greenhouse Gas Management Act 1989, as amended by this Part, applies in relation to a licence levy that becomes due and payable on or after the commencement of this item, whether the quarter or reporting period to which the levy relates ended before, on or after that commencement.
(5) For the purposes of that subsection, a licence levy that relates to a quarter ending before the first reporting period is taken to relate to the reporting period in which the quarter occurs.

Penalty interest
(6) Penalty interest is not incurred on or after the commencement of this item under subsection 69(2) of the Ozone Protection and Synthetic Greenhouse Gas Management Act 1989, as in force immediately before that commencement, in relation to a licence levy, whether the quarter or reporting period to which the levy relates ended before, on or after that commencement.