Document ID: chunk:federal_register_of_legislation:C2021C00263:section:6:p2
Version: federal_register_of_legislation:C2021C00263
Segment Type: section
Provision Reference: s 6 (pt 2/2)
Character Range: 5294–6009

ACMA, in writing, at least 21 days before the next anniversary of the day the licence came into force that is more than 12 months before the end of the period that the licence is in force, that this subsection is to apply;
subsection (3) ceases to apply to the licence and tax is imposed on the holding of the licence on that anniversary.
 (6) If the holder of a receiver licence:
 (a) has elected that subsection (3) apply; and
 (b) has failed to pay tax imposed on an anniversary of the day the licence came into force within 60 days after that anniversary (the 60 day period);
subsection (3) ceases to apply the day after the end of the 60 day period and tax is imposed on the holding of the licence on that day.