Industry contribution legislation
Some of the entities AUSTRAC regulates may be required to pay an annual industry contribution levy to cover AUSTRAC’s operating costs. Such entities are known as leviable entities.
There are two pieces of relevant legislation, the Australian Transaction Reports and Analysis Centre Industry Contribution Act 2011 and the Australian Transaction Reports and Analysis Centre Industry Contribution (Collection) Act 2011.
Access the legislation
You can find legislation related to the industry contribution levy at the Federal Register of Legislation website:
Amount of contribution: Ministerial Determinations
The formula used to calculate the industry contribution levy payable by a leviable entity for each financial year is set by the relevant Minister.
You can find current and past Ministerial Determinations at the Federal Register of Legislation website:
This guidance sets out how we interpret the Act, along with associated Rules and regulations. Australian courts are ultimately responsible for interpreting these laws and determining if any provisions of these laws are contravened.
The examples and scenarios in this guidance are meant to help explain our interpretation of these laws. They’re not exhaustive or meant to cover every possible scenario.
This guidance provides general information and isn't a substitute for legal advice. This guidance avoids legal language wherever possible and it might include generalisations about the application of the law. Some provisions of the law referred to have exceptions or important qualifications. In most cases your particular circumstances must be taken into account when determining how the law applies to you.