Document ID: chunk:federal_register_of_legislation:C2005A00042:clause:1_12a
Version: federal_register_of_legislation:C2005A00042
Segment Type: clause
Provision Reference: sch 1 cl 12A
Character Range: 14009–14604

12A  Amount of levy imposed in respect of disposals during the 2004‑2005 financial year

 (1) Subject to subsection (2), the amount of the levy that is payable under section 10 in respect of leviable disposals of a particular chemical product during the financial year beginning on 1 July 2004 is the amount worked out using the formula:

 (2) The total of the amounts of the levy that are payable under section 10 in respect of leviable disposals of a particular chemical product during that year is not to exceed $25,000.

Division 2—Liability for levy for financial years from 1 July 2005