Annual fees and returns
8N Annual fees and returns
A licensee must, in each year before the date fixed for that purpose by the Minister by written notice—
pay to the Minister the annual licence fee determined by the Minister, and
lodge with IPART an annual return containing the information required by—
the Minister, or
IPART.
The Minister may, by written notice, require information in an annual return be verified in a specified way.
IPART may, by written notice, require specified information in an annual return be verified in a specified way.
If a licensee fails to pay a fee or lodge a return as required, the Minister may, by written notice, require the licensee to make good the default and, in addition, pay the Minister the amount fixed by the regulations as a penalty for default.
A matter specified in a written notice under this section may be varied by a further written notice.
This provision refers to the regulations (the regulations
). Made under this Act:
This Act’s bill:Explanatory memorandumSecond reading speech
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