30B Payment of annual levy

(1)

Where a return given to the Authority under section 30A by a broadcaster shows that, in the financial year of the broadcaster to which the return relates, the broadcaster had a total revenue of more than $500,000, that return shall be accompanied by an annual levy calculated in accordance with section 30C.

(2)

The annual levy shall be payable in respect of each financial year of the broadcaster during which programmes are broadcast within New Zealand by the broadcaster.

(3)

Where a broadcaster commences broadcasting within New Zealand during the financial year of the broadcaster to which the return under section 30A relates, no annual levy shall be payable by the broadcaster in respect of that financial year.

(4)

The annual levy payable under subsection (1) shall be payable by the broadcaster not later than 31 July of the year in which the return is required to be given to the Authority.

Section 30B: inserted, on 1 July 1996, by section 13 of the Broadcasting Amendment Act 1996 (1996 No 53).

Section 30B(1): amended, on 20 September 2007, by section 6 of the Broadcasting Amendment Act 2007 (2007 No 42).