Research and Comply with Regulatory Requirements

Research and comply with regulatory requirements
Research and comply with regulatory requirements
Name
Professor
Course
Date
1

Research and comply with regulatory requirements
PART A
List (Haley, 2011).
Requirements Licenses Support
information
Time for
validation
Penalties
Adequate
facilities to hold
functions and
events.
Limited license. Offering special
functions,
events or fairs.
Valid for 3
years with
renewal.
Penalty of $
24,000.
Alcoholic
licenses.
General license. Given when
wants to sell
alcohol for
consumption on
premises and
takeaway.
Valid for one
and half years
with renewal.
Fee for the
license is $450.
Opening a
liquor
restaurant.
Special license. One has to
publish a notice
on Act Open
Government
Website.
The license is
valid for a
period of 5
years with
renewal.
The liquor
license penalty
is $2,898.
Participating in
ATO Excise
Tax.
Needs excise
tax license.
Requires a
business firm to
pay tax.
Valid all the
time as long as
the business is
running.
Failure to apply
penalty of $
56,000.
2

Research and comply with regulatory requirements
Licensing, legal requirements and permits.
Packaged liquor license.
Ongoing eligibility requirement permit.
Liquor Control Reform Regulations 2009 VIC permit.
Certificate of Registration permit.
Permit to operate hotel services.
Liquor license exemptions certificate.
Food act standards code
Food Act 2003
Food standards
Overview of food products labelling
Legibility requirements for the existing labels
Labelling alcoholic drinks
Date marking
Food safety standards
Methods of food analysis
Microbiological criteria
Category. Liquor and alcoholic beverages
Liquor Act 2007 NSW
3

Research and comply with regulatory requirements
Liquor Regulation 2008 NSW
Publisher. Australian taxation office
Fees
Task compliance
The business requires to pay superannuation contributions at least 4 times annually (Kumari,
2012).Lowest worker is 9.5 percent
Code of conduct
Competition and Consumer Act 2010 AG
Licence to sell liquor for people consumption on various premises
Duration. Remains in force until surrendered or cancelled.
Fee approximated $7000000
Requirements for liquor licence
Display alcohol measurement items with corresponding volume amount e.g. 200ml
Accurate measurement fin approved vessels displayed with appropriate cost for a good
customer standard
Failure to give accurate measurement lead to fine of $34000
Types of licenses
1. Commercial property
2. Liquor liability insurance
3. Workers compensation
4. Life and fire
5. Food contamination insurance
6. General liability cover
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