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Life Insurance Supervisory Levy Imposition Act 1998

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

, in relation to a quarter, means the All Groups Consumer Price Index number, being the weighted average of the 8 capital cities, published by the Australian Statistician in respect of that quarter.

Life Insurance Supervisory Levy Imposition Act 1998 Life Insurance Supervisory Levy Imposition Act 1998 - 5 Definitions
indexation factor

means the calculated under section 8.

Life Insurance Supervisory Levy Imposition Act 1998 Life Insurance Supervisory Levy Imposition Act 1998 - 8 Calculation of indexation factor
Life Insurance Supervisory Levy Imposition Act 1998 - 5 Definitions
levy imposition day

, in relation to a life insurance company for a financial year, means:

(a) if the life insurance company is a life insurance company on 1 July of the financial year—that day; or

Life Insurance Supervisory Levy Imposition Act 1998 Life Insurance Supervisory Levy Imposition Act 1998 - 5 Definitions
statutory upper limit

means:

(a) in relation to the financial year commencing on 1 July 2005—$1,500,000; or

Life Insurance Supervisory Levy Imposition Act 1998 Life Insurance Supervisory Levy Imposition Act 1998 - 5 Definitions

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