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Financial Institutions Supervisory Levies Collection Act 1998

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
Account

means the Superannuation Protection established by section 234 of

the Superannuation Industry (Supervision) Act 1993

.

Financial Institutions Supervisory Levies Collection Act 1998
ADI

is short for authorised deposittaking institution.

Banking Act 1959 Banking Act 1959 - 5 Interpretation
approved deposit fund

means a fund that:

(a) is an indefinitely continuing fund; and

(b) is maintained by an RSE licensee that is a constitutional corporation; and

(c) is maintained solely for approved purposes.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
APRA

means the Australian Prudential Regulation Authority.

Financial Institutions Supervisory Levies Collection Act 1998 Financial Institutions Supervisory Levies Collection Act 1998 - 6 Definitions
authorised NOHC

means a body corporate:

(a) in relation to which an authority under subsection 11AA(2) is in force; and

(b) that is a NOHC of an ADI or ADIs.

Banking Act 1959 Banking Act 1959 - 5 Interpretation
Banking Act 1959 - 11AA Authority to be a NOHC
business day

means a day that is not a Saturday, a Sunday, a public holiday or a bank holiday in the place concerned.

Financial Institutions Supervisory Levies Collection Act 1998 Financial Institutions Supervisory Levies Collection Act 1998 - 7 Definitions
collapsed insurer levy day

means a specified in a determination under section 7.

Private Health Insurance (Collapsed Insurer Levy) Act 2003 Private Health Insurance (Collapsed Insurer Levy) Act 2003 - 5 Definitions
Private Health Insurance (Collapsed Insurer Levy) Act 2003 - 7 Imposition of collapsed insurer levy
fund

means a regulated superannuation or an approved deposit .

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 250 Definitions
late payment penalty

means penalty payable under section 20.

Financial Institutions Supervisory Levies Collection Act 1998 Financial Institutions Supervisory Levies Collection Act 1998 - 16 Definitions
Financial Institutions Supervisory Levies Collection Act 1998 - 20 Late payment penalty
Financial Institutions Supervisory Levies Collection Act 1998 - 26A Definitions
Financial Institutions Supervisory Levies Collection Act 1998 - 26J Definitions
Financial Institutions Supervisory Levies Collection Act 1998 - 7 Definitions
leviable body

means any of the following types of bodies:

(a) an ADI;

(b) an authorised NOHC;

(c) a life insurance company;

(d) a general insurance company;

Financial Institutions Supervisory Levies Collection Act 1998 Financial Institutions Supervisory Levies Collection Act 1998 - 7 Definitions
leviable FHSA entity

has the same meaning as in the

First Home Saver Account Providers Supervisory Levy Imposition Act 2008

.

Financial Institutions Supervisory Levies Collection Act 1998
levy determination

means a determination by the Minister under paragraph 7(1)(b).

Private Health Insurance (Collapsed Insurer Levy) Act 2003 Private Health Insurance (Collapsed Insurer Levy) Act 2003 - 5 Definitions
Private Health Insurance (Collapsed Insurer Levy) Act 2003 - 7 Imposition of collapsed insurer levy
levy imposition day

, in relation to the imposition of a levy in respect of a leviable body of a particular type for a financial year, means:

(a) if the leviable body is that type of leviable body on 1 July of the financial year—that day; or

Financial Institutions Supervisory Levies Collection Act 1998 Financial Institutions Supervisory Levies Collection Act 1998 - 7 Definitions
levy month

means one of the 12 months of the calendar year.

Financial Institutions Supervisory Levies Collection Act 1998 Financial Institutions Supervisory Levies Collection Act 1998 - 16 Definitions
Financial Institutions Supervisory Levies Collection Act 1998 - 26A Definitions
levy paying entity

means:

(a) a leviable body, other than a superannuation entity; or

(b) the trustee of a superannuation entity.

Financial Institutions Supervisory Levies Collection Act 1998 Financial Institutions Supervisory Levies Collection Act 1998 - 7 Definitions
private health insurer

means a body that is registered under Division 3 of Part 2.

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
RSA provider

has the meaning given by section 12.

Retirement Savings Accounts Act 1997 Retirement Savings Accounts Act 1997 - 16 Definitions
Retirement Savings Accounts Act 1997 - 12 Who is an RSA provider ?
superannuation entity

means:

(a) a regulated superannuation fund; or

(b) an approved deposit fund; or

(c) a pooled superannuation trust.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
superannuation fund

means:

(a) a fund that:

(i) is an indefinitely continuing fund; and

(ii) is a provident, benefit, superannuation or retirement fund; or

(b) a public sector superannuation scheme.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
trustee

, in relation to a fund, scheme or trust, means:

(a) if there is a trustee (within the ordinary meaning of that expression) of the fund, scheme or trustthe trustee; or

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions

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