Document ID: chunk:federal_register_of_legislation:C2024C00195:section:40
Version: federal_register_of_legislation:C2024C00195
Segment Type: section
Provision Reference: s 40
Character Range: 97148–97838

40  Distribution of remaining balance of the Account
 (1) The Secretary, on behalf of the Commonwealth, may distribute to persons who are or were participating persons any balance standing to the credit of the Public Interest Telecommunications Services Special Account that remains after all payments payable by the Commonwealth, in respect of debits from the Account for an eligible levy period, have been paid.
 (2) The Minister may, by legislative instrument, determine rules for making those distributions.
 (3) The Secretary must comply with any rules determined under subsection (2).

Division 6—Assessment, collection and recovery of levy

Subdivision A—Overall levy target amount