Document ID: chunk:federal_register_of_legislation:F2023C01016:reg:10
Version: federal_register_of_legislation:F2023C01016
Segment Type: reg
Provision Reference: reg 10
Character Range: 9430–10668

10  Levy component for persons who are deregistered or who cease to be a member of a sub‑sector
 (1) Despite section 9, the amount of levy imposed by subsection 8(1) of the Act on a person for a levy period and a sub‑sector is nil if:
 (a) the person is required under section 8 of the Levy Collection Act to provide information to ASIC for the levy period; and
 (b) before the end of the day on which the information is required to be so provided:
 (i) the person is deregistered under Part 5A.1 of the Corporations Act 2001; or
 (ii) ASIC publishes a notice regarding the proposed deregistration of the person under section 601AA or 601AB of that Act; and
 (c) the person's registration is not reinstated before the end of that day.
 (2) Despite section 9, the amount of levy imposed by subsection 8(1) of the Act on a person for a levy period and a sub‑sector is nil if:
 (a) the person is required under section 8 of the Levy Collection Act to provide information to ASIC for the levy period; and
 (b) before the end of the day on which the information is required to be so provided, the person ceases to be a member of the sub‑sector; and
 (c) the person does not resume being a member of the sub‑sector before the end of that day.