Document ID: chunk:federal_register_of_legislation:C2004A00735:clause:1_20p
Version: federal_register_of_legislation:C2004A00735
Segment Type: clause
Provision Reference: sch 1 cl 20P
Character Range: 133027–133877

20P  Principles for assessing and adjusting claims

 (1) The Minister may determine in writing principles that are to be applied in assessing (including adjusting) claims for a levy credit. The principles apply from the date specified in the determination.

 (2) Before making the determination, the Minister must invite all affected carriers and carrier service providers to make submissions within a specified period to the Minister about the proposed principles. The period specified must be reasonable.

 (3) The ACA must apply the principles (if any) made by the Minister under this section in making assessments under this Part.

 (4) A determination under subsection (1) is a disallowable instrument for the purposes of section 46A of the Acts Interpretation Act 1901.

Subdivision C—Entitlement to levy distributions and liability for levy