Document ID: chunk:federal_register_of_legislation:C2025C00175:section:97ha
Version: federal_register_of_legislation:C2025C00175
Segment Type: section
Provision Reference: s 97HA
Character Range: 296128–297410

97HA  Payment of exit contribution or regulatory contribution by a former Commonwealth authority etc.
 (1) A determination under section 97CA, 97CB, 97CC or 97DA relating to a body corporate or the Australian Capital Territory takes effect 28 days after the day on which the body corporate or the Australian Capital Territory receives a copy of the determination.
 (2) The Commission may give directions, in writing, to the principal officer of the body corporate or the Australian Capital Territory relating to the payment of the exit contribution or regulatory contribution by the body corporate or the Australian Capital Territory.
 (3) The principal officer of the body corporate or the Australian Capital Territory must comply with any directions given to him or her by the Commission.
 (4) The Commission may vary a direction given to the principal officer of the body corporate or the Australian Capital Territory on the written request of the principal officer.
 (5) Comcare may permit an amount of exit contribution payable by a body corporate or the Australian Capital Territory under section 97CA, 97CB or 97CC to be paid in instalments, so long as the last instalment is payable within 7 years after the day on which the determination of the exit contribution is made.