Industry funding levy and penalty waivers
ob体育 has the power to waive levies and penalties in exceptional circumstances.
All applications to ob体育 must include evidence to substantiate the application. ob体育 will assess each application on a case-by-case basis, responding with a decision within 28 days of receipt of the waiver application. Late payment penalties will be suspended while the waiver application is being considered.
Examples of exceptional circumstances include
Death
Death of an immediate family member, including death of the office holder or licensee.
Serious illness
Prolonged medical issue limiting the individual鈥檚 ability to meet their obligations.
Natural disaster
This includes events such as flood, fire, drought, cyclones, earthquake and similar events or disasters that may have, or had, a significant impact on individuals, regions or industries.
Court caused delay
Including impeded access to records and bank account (for example records seized and bank accounts frozen during legal proceeding).
To apply for an industry funding levy or penalty waiver, to your ob体育 Regulatory Portal account to complete the levy or penalty waiver transaction.
Reviewing a levy/penalty waiver decision
If you are not satisfied with a waiver decision ob体育 has made, you can request a review of our decision by submitting a further waiver application, together with any additional information or evidence to support your application. ob体育 will respond with a decision within 30 business days of receipt of the waiver application. Late payment penalties will be suspended while the waiver application is being considered.
If you are dissatisfied with the results of ob体育鈥檚 review you can a make an application to the Administrative Review Tribunal (ART)聽for a review.