Document ID: chunk:federal_register_of_legislation:F2023L01635:reg:5
Version: federal_register_of_legislation:F2023L01635
Segment Type: reg
Provision Reference: reg 5
Character Range: 1090–2070

5  Definitions
  In this instrument:
       Act means the Telecommunications Act 1997.
       annual charge has the meaning given by subsection 73(1) of the Act.
       applicant means a person who has applied for a remission of the whole or a part of an amount of late payment penalty calculated in accordance with Part 3.
       due date: see section 7.
       GIC rate (short for general interest charge rate) means the rate determined under section 8AAD of the Taxation Administration Act 1953 and published by the Australian Taxation Office.
           Note: The average of the GIC rates determined for each quarter is published by the Australian Taxation Office and accessible, free of charge, on its website at www.ato.gov.au.
       late payment penalty has the meaning given by subsection 73(1) of the Act.
       previous financial year average GIC rate means the rate worked out in accordance with Schedule 1.
       Note: The expression 'ACMA' is defined in the Act.