Quarterly returns and payments of contributions
91 Quarterly returns and payments of contributions
A local council must – by 14 October, 14 January and 14 April in each financial year pay to the Commission one-quarter of the total amount of the contribution that the council is notified under section 81B it is required to make for that financial year, less one-quarter of the prescribed collection fee; and by 14 June in each financial year pay to the Commission the remaining one-quarter of the total amount of the contribution that the local council is notified under section 81B it is required to make for that financial year, less one-quarter of the prescribed collection fee.
In this section, prescribed collection fee means such amount or such proportion of a local council contribution as may be prescribed as the fee to which the local council responsible for making that contribution is entitled to retain for collecting the contribution.
This Act’s bill:Explanatory notesSecond reading speech
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