Financial Markets Authority (Levies) Regulations 2012

13 Requirements relating to FMA invoicing for levies

(1)

This regulation applies to a levy, or any part of a levy, payable by a person in class 8, 8A, 10, 10A, or 13 on being issued with an invoice under this regulation.

(2)

The FMA must issue an annual invoice to a person in class 8 or 8A for the levy (other than any debt collection costs) as soon as practicable after the end of a financial year of the licensed market operator with which the person has a listing agreement.

(3)

The FMA must issue an annual invoice to a person in class 13 for the levy (other than any debt collection costs), and the invoice may be issued before or after the FMA makes the annual confirmation required by section 43 of the Auditor Regulation Act 2011.

(4)

The FMA may issue 1 or more invoices to a person in class 8, 8A, 10, 10A, or 13 for any debt collection costs included in the levy at any time after the costs to which the invoice relates have been incurred.

Regulation 13: replaced, on 1 July 2020, by regulation 10 of the Financial Markets Authority (Levies) Amendment Regulations 2020 (LI 2020/100).