ASIC to be Industry Funded

Independent Review of the Water Trigger Legislation and Post Implementation Review
June 27, 2017
Southern Australia Offshore Gas Study
June 27, 2017

ASIC to be Industry Funded

The ASIC Supervisory Cost Recovery Levy Bill 2017 (Cth) has passed both houses and establishes an industry funded model regarding those businesses regulated by Australian Securities Investment Commission. The intention of the bill is to ensure equitable funding by requiring only those who rely on the regulation to be responsible for funding its operation.

 

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