Industry funding levy and penalty waivers
今日热门事件has the power to waive levies and penalties in exceptional circumstances.
All applications to 今日热门事件must include evidence to substantiate the application. 今日热门事件will assess each application on a case-by-case basis, responding with a decision within 28 days of receipt of the waiver application. Late payment penalties will be suspended while the waiver application is being considered.
Examples of exceptional circumstances include
Death
Death of an immediate family member, including death of the office holder or licensee.
Serious illness
Prolonged medical issue limiting the individual鈥檚 ability to meet their obligations.
Natural disaster
This includes events such as flood, fire, drought, cyclones, earthquake and similar events or disasters that may have, or had, a significant impact on individuals, regions or industries.
Court caused delay
Including impeded access to records and bank account (for example records seized and bank accounts frozen during legal proceeding).
To apply for an industry funding levy or penalty waiver, to your 今日热门事件Regulatory Portal account to complete the levy or penalty waiver transaction.
Reviewing a levy/penalty waiver decision
If you are not satisfied with a waiver decision 今日热门事件has made, you can request a review of our decision by submitting a further waiver application, together with any additional information or evidence to support your application. 今日热门事件will respond with a decision within 30 business days of receipt of the waiver application. Late payment penalties will be suspended while the waiver application is being considered.
If you are dissatisfied with the results of ASIC鈥檚 review you can a make an application to the Administrative Review Tribunal (ART)聽for a review.