Commonwealth Consolidated Acts

ASIC SUPERVISORY COST RECOVERY LEVY (COLLECTION) ACT 2017 - SECT 17

  (1)   This section applies to a person if:

  (a)   the person has provided to ASIC, in a return required by section   11, information ( required information ) relating to the person or to one or more other leviable entities; or

  (b)   the person is a leviable entity and information (also required information ) relating to the person is to be used by ASIC for the purposes of calculating the levy payable by the person.

  (2)   ASIC may give the person a written notice that requires the person to do either or both of the following:

  (a)   give to ASIC, within the period and in the manner and form specified in the notice, information that could be capable of substantiating the required information;

  (b)   produce to ASIC, within the period and in the manner and form specified in the notice, documents that could be capable of substantiating the required information.

  (3)   The notice must:

  (a)   name the person to whom it is given; and

  (b)   specify the information to which it relates; and

  (c)   explain the effect of sections   18 and 19.