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Brief
The Radiocommunications (Spectrum Licence Tax) Act 1997 is an Act to impose a tax in relation to spectrum licences under the Radiocommunications Act 1992. The Act provides for the imposition of a tax on spectrum licences, with the amount of tax determined by the Australian Communications and Media Authority (ACMA) and specified in regulations. The Act applies to spectrum licences in force on the initial holding date and subsequent anniversaries, and tax is imposed on these dates.
The Act has undergone several amendments, including the Radiocommunications (Spectrum Licence Tax) Amendment Act 2005 and the Statute Law Revision Act 2013. The amendments have affected various provisions of the Act, including the definition of the initial holding date, the amount of tax, and the application of the Act to spectrum licences.
The summary provides an overview of the main provisions and amendments of the Act, covering the imposition of tax, the determination of the tax amount, and the application of the Act to spectrum licences.
Note: Since this is a summary, it only highlights the main points and does not attempt to cover every detail of the Act and its amendments.
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