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Radiocommunications Act 1989

Transitional provisions - Transitional rights in relation to Schedule 4 frequencies

150: Payment of annual levy

You could also call this:

"Paying a yearly fee for your radio frequency licence"

Illustration for Radiocommunications Act 1989

You have to pay an annual levy for your spectrum licence. The levy is 1.5% of your gross income for the year. You pay the levy within 6 months after the financial year ends. You might hold a spectrum licence for only part of a financial year. In this case, your annual levy will be less. When you pay the levy, you also send a return of your gross income. The return must be in a certain form and have certain details. It must also have a certificate from an auditor saying the return is true and fair.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM197968.

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Part 16Transitional provisions
Transitional rights in relation to Schedule 4 frequencies

150Payment of annual levy

  1. The annual levy payable pursuant to section 149(1)(a) by an incumbent in respect of each spectrum licence granted to that person pursuant to section 145—

  2. shall be payable in respect of each financial year during which that person holds that spectrum licence; and
    1. shall be an amount equal to 1.5% of the gross income of that person in the financial year in respect of which the levy is payable; and
      1. shall be paid not later than 6 months after the end of the financial year to which it relates.

        1. Where, during any financial year, an incumbent holds such a spectrum licence for a period that is less than the whole of that financial year, the annual levy payable by the incumbent shall be reduced in proportion to that period.

        2. Every payment of the annual levy payable by an incumbent shall be accompanied by a return of the gross income of the incumbent for the financial year to which the payment relates.

        3. The return—

        4. shall be in such form and contain such particulars as the Secretary may from to time require; and
          1. shall be accompanied by a certificate signed by an auditor and stating whether or not, in that auditor's opinion, the return represents a true and fair statement of the gross income of the incumbent.

            Notes
            • Section 150(1): amended, on , by section 54 of the Radiocommunications Amendment Act 2000 (2000 No 8).
            • Section 150(1)(a): amended, on , by section 54 of the Radiocommunications Amendment Act 2000 (2000 No 8).
            • Section 150(2): amended, on , by section 54 of the Radiocommunications Amendment Act 2000 (2000 No 8).