Document ID: chunk:federal_register_of_legislation:C2017A00045:clause:1_3
Version: federal_register_of_legislation:C2017A00045
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 3895–4373

3  After subsection 601AB(1A)
Insert:
 (1B) ASIC may also decide to deregister a company if:
 (a) the company is liable to pay levy imposed by the ASIC Supervisory Cost Recovery Levy Act 2017; and
 (b) the company has not paid in full at least 12 months after the due date for payment:
 (i) the amount of the levy; and
 (ii) the amount of any late payment penalty payable in relation to the levy; and
 (iii) the amount of any shortfall penalty payable in relation to the levy.