- Type
- Government
- Portfolio
- Treasury
- Originating house
- House of Representatives
- Status
- Not Proceeding
- Parliament no
- 40
- Summary
- Part of a package of seven bills to implement changes to the financial sector levy setting framework, the bill amends the
Authorised Non-operating Holding Companies Supervisory Levy Imposition Act 1998
to: extend the authorised non-operating holding companies levy to authorised non-operating holding companies in the general insurance sector, in addition to those in the authorised deposit-taking institutions sector; increase the statutory upper limit for the levy set for the 2005-06 financial year; and alter the calculation of the indexation factor used to establish the statutory upper limits applying in later financial years. Also contains an application provision.
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