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StatuteCorporations Act 2001

Section 1069C — Corporations Act 2001: Payment of AFCA’s accumulated unpaid fees

Text of the provision Official document

(1) The CSLR operator must pay to AFCA an amount equal to AFCA’s accumulated unpaid fees if AFCA has notified the CSLR operator of those fees in accordance with subsection 1058B(3). (2) The CSLR operator must pay the amount to AFCA as soon as reasonably practicable after AFCA’s notification to the CSLR operator of those fees. (3) However, the CSLR operator must not pay an amount under this section before: (a) the start of the first levy period; or (b) any later day prescribed by regulations made for the purposes of this paragraph.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.