24
In forceRecovered over-collection amount
Part 4Contribution target
24 Recovered over-collection amount
(1)
The recovered over-collection amount for a financial year is the sum of all over-collection amounts paid to or recovered by the Chief Commissioner under Part 3A of the Emergency Services Levy Insurance Monitor Act 2016 in the period of 12 months ending on the date of 31 March occurring before the commencement of the financial year, as determined by the Chief Commissioner.
(2)
The Chief Commissioner is to advise the Treasurer of the recovered over-collection amount within 7 days after the end of that period or by a later date approved by the Treasurer.
This Act’s bill:Explanatory memorandumSecond reading speech
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