Telecommunications (Consumer Protection and Service Standards) (Levy Formula Modification) Determination 2019 (Cth)

Telecommunications (Consumer Protection and Service Standards) (Levy Formula Modification) Determination 2019

I, Paul Fletcher, Minister for Communications, Cyber Safety and the Arts, make the following Determination.

Dated 29 October 2019

Paul Fletcher Minister for Communications, Cyber Safety and the Arts

Contents 1 Name 2 Commencement 3 Authority 4 Definitions 5 Schedules 6 Modification of the formula in subsection 50(1) of the Act Schedule 1—Repeals Levy Amount Formula Modification Determination 2015

1 Name This instrument is the Telecommunications (Consumer Protection and Service Standards) (Levy Formula Modification) Determination 2019.

2 Commencement This instrument commences the day after registration.

3 Authority This instrument is made under subsection 50(2) of the Telecommunications (Consumer Protection and Service Standards) Act 1999.

4 Definitions Note: A number of expressions used in this instrument are defined in section 5 of the Act, including the following: (a) eligible levy period; (b) eligible revenue period; (c) levy contribution factor; (d) overall levy target amount; (e) participating person. In this instrument: adjustment factor means the sum of the levy contribution factors for that eligible levy period worked out under section 49 of the Act for all participating persons covered by subsections 6(4) and 6(5). ACMA means the Australian Communications and Media Authority. Act means the Telecommunications (Consumer Protection and Service Standards) Act 1999. date of assessment means the date decided by the ACMA, being a date which is no earlier than the end of the relevant eligible revenue period and no later than the date the ACMA issues its written assessment under section 51 of the Act. Chapter 5 body corporate has the same meaning as in section 9 of the Corporations Act 2001. current eligible levy period means the 2019-20 financial year. future eligible levy period means the 2020-21 financial year or a later financial year. previous levy deficit means the total of any shortfall between the 'overall levy target amount' for the eligible levy period immediately before the relevant eligible levy period and the amounts paid by all participating persons to the Commonwealth for that earlier eligible levy period.