Maximum advance deposit
69 Maximum advance deposit
The maximum advance deposit that can be required is 50% of the amount that the agency estimates to be the total processing charge for dealing with the application (ignoring any reduction in processing charge to which the applicant may be entitled).
Note.
An applicant can pay the full amount of the agency’s estimate of the total processing charge in advance if the applicant wants to, but the applicant cannot be required to pay more than 50% of the estimate as an advance deposit.
More than one advance deposit can be required so long as the total of the advance deposits required does not exceed the maximum advance deposit.
This Act’s bill:Explanatory memorandumSecond reading speech
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