Document ID: chunk:federal_register_of_legislation:C2025C00185:section:889j:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 889J (pt 2/2)
Character Range: 3486216–3487560

must pay the Commonwealth an amount equal to the amount that the Commonwealth is liable to refund. The SEGC may pay, out of the NGF, any amount so required to be paid to the Commonwealth.
 (7) The Public Governance, Performance and Accountability Act 2013 does not apply in relation to the payment of an amount of levy under this section to the SEGC, or the operator of a financial products market, as agent for the Commonwealth. However, the operation of that Act in relation to the following payments is not affected:
 (a) the payment of an amount to the Commonwealth as required by paragraph (4)(a) or (5)(b); or
 (b) the payment of an amount by the Commonwealth as required by paragraph (4)(c) or (5)(d).
The SEGC must, in accordance with the regulations, notify the Commonwealth of payments of levy it receives as agent for the Commonwealth, and the operator of a financial market must, in accordance with the regulations, notify the Commonwealth of payments it receives as agent for the Commonwealth as mentioned in paragraph (5)(a).
 (8) An amount payable by the SEGC as required by paragraph (4)(a) may be set off against an amount payable to the SEGC as required by paragraph (4)(c), and an amount payable by the SEGC as required by paragraph (5)(b) may be set off against an amount payable to the SEGC as required by paragraph (5)(d).