Document ID: chunk:federal_register_of_legislation:F2024L01727:reg:22:p3
Version: federal_register_of_legislation:F2024L01727
Segment Type: reg
Provision Reference: reg 22 (pt 3/3)
Character Range: 48417–50060

final repayment year for non‑payment of that levy or charge; and
 (c) subtracting any overpaid amounts of that levy or charge, and any overpaid amounts of penalty for non‑payment of that levy or charge, that were refunded by the Commonwealth during the final repayment year (whether or not those overpaid amounts were received by the Commonwealth during the final repayment year).
repayment charge means the following:
 (a) charge imposed by subclause 20‑1(2) of Schedule 1 to the Primary Industries (Customs) Charges Regulations 2024;
 (b) charge imposed by Division 2.3 of Part 2 of Schedule 14 to the former Primary Industries (Customs) Charges Regulations 2000.
repayment levy means the following:
 (a) levy imposed by subclause 20‑1(2) of Schedule 1 to the Primary Industries (Excise) Levies Regulations 2024;
 (b) levy imposed by Division 3.3 of Part 3 of Schedule 27 to the former Primary Industries (Excise) Levies Regulations 1999.
total repayment amount for a financial year means the amount worked out by:
 (a) calculating the total amount of all repayment levies and all repayment charges received by the Commonwealth during the financial year; and
 (b) adding any amounts of penalty received by the Commonwealth during the financial year for non‑payment of repayment levy or repayment charge; and
 (c) subtracting any overpaid amounts of repayment levy or repayment charge, and any overpaid amounts of penalty for non‑payment of repayment levy or repayment charge, that were refunded by the Commonwealth during the financial year (whether or not those overpaid amounts were received by the Commonwealth during the financial year).