Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts19. (1) The advance fee, in relation to the grant or the first renewal of a wholesale licence, is an amount equal to 40% of the total wholesale value of the “X” videos supplied by wholesale by the licensee in the month for which the licence is granted or renewed.
(2) The advance fee, in relation to the grant or the first renewal of a retail licence, is an amount equal to 40% of the total wholesale value of—
(a) the “X” videos manufactured by the licensee; and
(b) the “X” videos supplied to the licensee otherwise than in accordance with a wholesale licence;
being videos offered for retail sale by the licensee in the month for which the licence is granted or renewed.
(3) An advance fee is due and payable by the relevant licensee (or, where the relevant licence is no longer in force, by the former licensee) to the Territory at the expiration of the month in relation to which it is calculated.
(4) For the purposes of this Act and the Tax Act, an amount paid to the Territory under paragraph 5 (1) (b) or subparagraph 9 (2) (c) (i) is to be taken to be a payment on account of the relevant advance fee.