Document ID: chunk:federal_register_of_legislation:F2024C01058:reg:62a
Version: federal_register_of_legislation:F2024C01058
Segment Type: reg
Provision Reference: reg 62A
Character Range: 74075–74913

62A  Benchmark administrators
 (1) A leviable entity forms part of the benchmark administrators sub‑sector in a financial year if, at any time in the financial year, the entity holds a benchmark administrator licence to administer a financial benchmark.

Entity metric
 (2) The leviable entity's entity metric for the sub‑sector for the financial year is:
 (a) unless paragraph (b) applies—the number of days in the financial year on which the entity administered the financial benchmark specified in the benchmark administrator licence; or
 (b) if the entity administered 2 or more financial benchmarks specified in the benchmark administrator licence in the financial year—the sum of the days worked out under paragraph (a) for each of those financial benchmarks.

Subdivision 5.3—Sub‑sectors to which graduated levy component applies