Applications and notices are different under the new Scheme.
The way reporting entities use these forms may also be different.
Learn how to submit applications, understand what notifications to include and how to apply for an internal review of Regulator decisions.
On this page
- Portal applications
- Apply for a time extension to report
- Apply to be an exempt entity
- Apply for reconsideration of a reviewable decision
- Request a redaction of commercial-in-confidence information
- Other applications
- Portal notices
- Related information
Portal applications
Reporting entities can access the portal application forms via the Submit and View Applications tile to:
- apply for a time extension to report
- apply to be an exempt entity
- apply for a reconsideration of a reviewable decision.
A responsible member of the entity must approve the application before it is submitted for consideration.
For improved transparency under the new Scheme, approved applications may be shown in the entity record on the Payment Times Reports Register.
Apply for a time extension to report
Reporting entities can apply for an extension of time to lodge a payment times report if there are circumstances that result in the need for more time.
In the new Scheme, reporting entities can apply for a:
- Single extension: a short extension of up to 28 days without the need to provide supporting evidence.
- Modifiable extension: can be for any length of time and be considered for further extension on request. An application for this extension must include supporting evidence of the circumstances requiring an extension.
You must make your application for a time extension before the report is due.
The Regulator cannot consider your time extension application if you lodge it after the report’s due date.
Apply to be an exempt entity
This new application type is available in the portal.
Under the new Scheme, an entity may apply to be exempt from reporting obligations for specified periods where reporting would be inconsistent with the objects of the Payment Times Reporting Act 2020 (Act).
You must specify the reporting exemption period your entity is seeking in the application form, up to a maximum of 2 years.
The Regulator may impose conditions on entities in granting an exemption from reporting.
Apply for reconsideration of a reviewable decision
Reporting entities can apply to have certain decisions reconsidered by the Payment Times Reporting Regulator.
You must:
- make this application within 14 days of being notified of the Regulator’s decision and
- set out the reasons why the decision should be reconsidered.
Reviewable decision application
Use the portal's Reviewable decision application tile to apply for a reconsideration of a decision:
- not to determine that an entity is a volunteering entity
- to revoke a determination that an entity is a volunteering entity
- not to determine that an entity is a subsidiary reporting entity
- to revoke a determination that an entity is a subsidiary reporting entity
- to determine that a reporting entity ceases to be a reporting entity
- not to determine that an entity is a reporting nominee
- to revoke a determination that an entity is a reporting nominee
- not to determine that an entity is an exempt entity
- to revoke a determination that an entity is an exempt entity
- to give a slow small business payer direction, if the decision was made by the Regulator in accordance with a delegation
- not to allow further time to give a payment times report
- to publish the identity of an entity or details of non-compliance.
Request a redaction of commercial-in-confidence information
You can request that commercial-in-confidence information in a payment times report is not published on the Payment Times Reports Register.
For more information, read Guidance note 3: Applications and notifications.
Other applications
The Regulator is working to improve the services available to reporting entities through the portal.
The following portal applications are in development.
For more information on how to apply for these under the new Scheme from 7 September 2024, email support@paymenttimes.gov.au.
Volunteer to report
Volunteering entities that registered to report before 7 September 2024 will automatically roll-over to the new Scheme, unless the Regulator has reason to believe they are no longer entitled to volunteer to report.
Become a subsidiary reporting entity
A ‘subsidiary reporting entity’ is a new reporting entity category under the new Scheme.
A reporting entity controlled by another reporting entity can apply to the Regulator to be able to report its payment times separately to its controlling reporting entity.
Become a reporting nominee
A ‘reporting nominee’ is a new reporting entity category under the new Scheme.
An entity controlling multiple entities, where at least one of those entities is a reporting entity, can apply to the Regulator to provide a consolidated report for the entities it controls.
Portal notices
Notice to cease being a reporting entity
Old Scheme
Under the old Scheme, a reporting entity needed to apply to the Regulator to cease being a reporting entity.
New Scheme
From 7 September 2024, an entity can notify the Regulator it ceased to be a reporting entity if it:
- no longer carries on business in Australia, is a company incorporated or controlled in Australia, or is a corporate Commonwealth entity or Commonwealth company or
- becomes controlled by another reporting entity (such as by acquisition) or
- had consolidated revenue for each of the 2 previous financial years of not more than $100 million or
- is registered under the Australian Charities and Not-for-profits Commission Act 2012.
Use the portal's Submit Notices tile and download the Notice that entity has ceased to be a reporting entity form. Complete and email the form to support@paymenttimes.gov.au.