Document ID: chunk:federal_register_of_legislation:C2015A00087:clause:1_16
Version: federal_register_of_legislation:C2015A00087
Segment Type: clause
Provision Reference: sch 1 cl 16
Character Range: 14417–14977

16  At the end of section 10
Add:
 (3) The applicable rate, in relation to an amount of unpaid levy, is:
 (a) 20% (unless the levy was imposed by the Private Health Insurance Supervisory Levy Imposition Act 2015); or
 (b) if the levy was imposed by the Private Health Insurance Supervisory Levy Imposition Act 2015:
 (i) 15% (unless subparagraph (ii) applies); or
 (ii) if, under a legislative instrument made by the Minister for the purposes of this subparagraph, a specified rate of less than 15% applies in relation to the unpaid levy—that specified rate.