Document ID: chunk:federal_register_of_legislation:F2018L00366:reg:12
Version: federal_register_of_legislation:F2018L00366
Segment Type: reg
Provision Reference: reg 12
Character Range: 11229–13155

12  Payment of amounts

       (1)   An amount paid to the ACMA on behalf of the Commonwealth under this Determination must be paid in Australian currency.

       (2)   An amount must be paid by bank cheque or by electronic transfer.

       (3)   An electronic transfer must be made into the bank account with the following details:
           (a)   Bank—ANZ Bank;
           (b)   Branch—Belconnen;
           (c)   BSB number—012-951;
           (d)   Account number—8379 24272;
           (e)   Account name—ACMA Official Administered Receipts;
           or such other account as specified in writing by the ACMA.

       (4)   An amount is taken to have been paid by the closing date and time specified by the ACMA in writing if either:
           (a)   the ACMA receives a bank cheque for the full amount on or before the closing date and time; or
        (b)   both:
              (i)   the ACMA receives evidence that an electronic transfer of the full amount was made on or before the closing date and time (such as a transfer receipt); and
              (ii)  the amount is received in the ACMA's bank account no later than 3 business days after the closing date and time; or
           (c)   the ACMA receives other evidence which satisfies the ACMA that the person making the payment has taken all reasonable steps to pay the amount on or before the closing date and time.

       (5)   An amount due under this Determination is not paid in full if bank charges or government duties imposed on a payment reduce the net payment to less than the amount due.

            Note:   The effect of this subsection is that an applicant or authorised agent must add the value of any bank charge or government duty to the amount of a payment.

       (6) If an amount payable under this Determination is not an amount of whole dollars, the amount is rounded up to the next dollar.

Part 3—Registering for an allocation