EXPLANATORY STATEMENT
STATUTORY RULE NO. 276 ISSUED BY THE AUTHORITY OF THE MINISTER FOR COMMUNICATIONS
Section 9 of the Radiocommunications (Frequency Reservation Certificate Tax) Act 1983 provides that the Governor-General may make regulations for the purposes of section 7.
Amongst other things, section 7 provides that the amount of tax in respect of the grant of a frequency reservation certificate is such amount as is ascertained in accordance with the regulations.
Regulation 2 of the Radiocommunications (Frequency Reservation Certificate Tax) Regulations previously provided that the tax in respect of a frequency reservation certificate was an amount ascertained by reference to a period in respect of which the certificate is granted at a rate of $290 per annum.
The regulation amends regulation 2 by omitting $290 and substituting $380. This increase reflects a Government decision taken in the Budget context.