Document ID: chunk:federal_register_of_legislation:C2020A00048:section:17
Version: federal_register_of_legislation:C2020A00048
Segment Type: section
Provision Reference: s 17
Character Range: 17008–17842

17  Advice by the ACCC about administrative cost component
 (1) The ACCC:
 (a) may give advice to the Minister in relation to the exercise of the Minister's power under subsection 16(8); and
 (b) must do so:
 (i) at least once during the 5‑year period beginning at the commencement of this section; and
 (ii) at least once during each subsequent 5‑year period.
 (2) In giving advice under subsection (1), the ACCC:
 (a) must have regard to the principle that amounts received by the Commonwealth by way of so much of charge imposed under this Act as is attributable to the annual administrative cost amount should be sufficient, over time, to offset designated administrative costs incurred after the start of the first eligible financial year; and
 (b) may have regard to such other matters (if any) as the ACCC considers relevant.