ASIC Supervisory Cost Recovery Levy Act

Introducing the ASIC Supervisory Cost Recovery Levy Act 2017

The Australian Securities and Investments Commission (ASIC) has recently put in place a new industry funding regime based on the ‘user pays’ principle.  The ASIC Supervisory Cost Recovery Levy Act 2017 aims to fund ASIC’s operation through charging entities that both require and benefit from the commission’s regulation.

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