Austrac has published a draft Determination which sets ’10 February 2012′ as the ‘census day’ under the Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy Act 2011. The census day is the day on which a reporting entity’s liability to pay the levy is determined by the AUSTRAC CEO.
The census day for subsequent financial years will be 1 July or a day determined by the AUSTRAC CEO by legislative instrument.