4. Risk assessment The ACMA has carried out a risk assessment for each component of the 2014-15 ACLC resulting in an overall rating of medium risk with the following individual rating for each cost component. Risk rating for ACLC components Reference in the Act Cost component Risk rating 15(1)(a) ACMA’s cost component Medium 15(1)(b) ACCC’s cost component Medium 15(1)(c) ITU contribution Medium 15(1)(ca) Development of consumer Medium protection related industry codes 15(1)(d) Government Medium Representation and Research Overall rating Medium The overall risk rating of medium was derived mainly due to the amount involved in this cost recovery arrangement, exceeded $10 million and no consultation occurred with stakeholders for the 2014–15 ACLC. However, there are no complexities associated with this charging regime as there are no changes to the existing cost recovery arrangement from the previous year. The ACLC is being charged as a levy and does not require any legislation to be passed by the Parliament nor does it involve working with state, territory or local government entities. Although the amount of the total levy is over $38 million, the change from the previous year is considered insignificant (that is, less than one per cent increase).
4. Risk assessment The ACMA has carried out a risk assessment for each component of the 2014-15 ACLC resulting in an overall rating of medium risk with the following individual rating for each cost component. Risk rating for ACLC components Reference in the Act Cost component Risk rating 15(1)(a) ACMA’s cost component Medium 15(1)(b) ACCC’s cost component Medium 15(1)(c) ITU contribution Medium 15(1)(ca) Development of consumer protection related industry codes Medium 15(1)(d) Government Representation and Research Medium Overall rating Medium The overall risk rating of medium was derived mainly due to the amount involved in this cost recovery arrangement, exceeded $10 million and no consultation occurred with stakeholders for the 2014–15 ACLC. However, there are no complexities associated with this charging regime as there are no changes to the existing cost recovery arrangement from the previous year. The ACLC is being charged as a levy and does not require any legislation to be passed by the Parliament nor does it involve working with state, territory or local government entities. Although the amount of the total levy is over $38 million, the change from the previous year is considered insignificant (that is, less than one per cent increase).
Cost%20recovery%20implementation%20statement_ACLC%202014-15%20docx.docx