ASIC Supervisory Cost Recovery Levy (Consequential Amendments) Act 2017 (45 of 2017)

Schedule 1 Amendments

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.