Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If a spectrum licence is in force on the initial holding date for the licence, tax is imposed on the initial holding date for the licence.
(2) If:
(a) a spectrum licence is in force on a particular anniversary of the initial holding date for the licence; and
(b) the anniversary occurs after the commencement of this section;
tax is imposed on that anniversary of the initial holding date for the licence.
(3) This section applies to a spectrum licence even if the licence came into force before the commencement of this section.