Document ID: chunk:federal_register_of_legislation:C2025C00133:section:5:p3
Version: federal_register_of_legislation:C2025C00133
Segment Type: section
Provision Reference: s 5 (pt 3/4)
Character Range: 15727–18486

of the financial year.
reconsideration decision means a decision made under subsection 53(2).
register means the Payment Times Reports Register established under section 17.
Regulator has the meaning given by subsection 24(3).
Regulatory Powers Act means the Regulatory Powers (Standard Provisions) Act 2014.
relevant court means:
 (a) the Federal Court; or
 (b) the Federal Circuit and Family Court of Australia (Division 2); or
 (c) a court of a State or Territory that has jurisdiction in relation to matters arising under this Act.
reporting cycle: each of the following is a reporting cycle:
 (a) a period of 6 months starting on 1 January;
 (b) a period of 6 months starting on 1 July.
reporting entity has the meaning given by section 7.
Note: See also section 55 (former reporting entities).
reporting nominee means an entity in relation to which a determination under subsection 10L(1) is in effect.
Note: See also section 55A (former reporting nominees).
reporting period has the meaning given by section 8.
responsible member, of an entity, in relation to a requirement under this Act that a report, application or other matter be approved, means:
 (a) an individual member of the entity's principal governing body who is authorised to approve the report, application or other matter; or
 (b) if the entity is a trust administered by a sole trustee—that trustee; or
 (c) if the entity is a corporation sole—the individual constituting the corporation; or
 (d) if the entity is under administration within the meaning of the Corporations Act 2001—the administrator; or
 (e) if the entity is of a kind prescribed by the rules—a prescribed member of the entity.
reviewable decision: see section 51.
rules means rules made under section 58.
Secretary means the Secretary of the Department.
slow small business payer: see section 22D.
slow small business payer direction means a direction given under subsection 22B(1).
small business means an entity described as a small business in the Payment Times Small Business Identification Tool.
small business invoice means a document, notifying an obligation to make a payment, issued to an entity by a small business supplier of the entity.
small business supplier, in relation to an entity, means a small business that supplies goods or services to the entity.
subsidiary reporting entity means an entity in relation to which a determination under subsection 10E(1) is in effect.
this Act includes the rules.
total income has the same meaning as in section 3C of the Taxation Administration Act 1953.
use, in relation to information, includes making a record of the information.
volunteering entity means a reporting entity that is a reporting entity only because of a determination under subsection 10B(1).