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

Schedule 1   Amendments

Corporations Act 2001

14   After paragraph 915B(4)(d)

Insert:

; or (e) in the case of a licensee that is a single legal entity under section 761FA and also a leviable entity (within the meaning of the ASIC Supervisory Cost Recovery Levy Act 2017) - the following have not been paid in full at least 12 months after the due date for payment:

(i) an amount of levy (if any) payable in respect of the licensee;

(ii) an amount of late payment penalty payable (if any) in relation to the levy;

(iii) an amount of shortfall penalty payable (if any) in relation to the levy.