Document ID: chunk:federal_register_of_legislation:C2004A00735:clause:1_20zh
Version: federal_register_of_legislation:C2004A00735
Segment Type: clause
Provision Reference: sch 1 cl 20ZH
Character Range: 141222–141895

20ZH  Performance bonds and guarantees

 (1) The Minister may, by written determination, require a person who has a liability to pay levy, or an anticipated liability to pay levy, to obtain, in accordance with the determination, performance bonds or guarantees in respect of the person's liability or anticipated liability.

 (2) The person must comply with the determination.

 (3) A determination under this section is a disallowable instrument for the purposes of section 46A of the Acts Interpretation Act 1901.

 (4) In this section:

performance bond has the meaning given by the determination.

Division 14—The Universal Service Account and distributions of levy