Relevant fee for an application for qualification to be assessed for inclusion on the list of approved qualifications
236O Relevant fee for an application for qualification to be assessed for inclusion on the list of approved qualifications
For the purposes of regulation 138, the relevant fee for the financial year beginning on 1 July 2023 is to be calculated in accordance with the following formula—
where—
FX is the indexation factor for the financial year beginning on 1 July 2023.
For the purposes of regulation 138, the relevant fee for the financial year beginning on 1 July 2024 is to be calculated in accordance with the following formula—
where—
P is the amount of the fee payable for the financial year beginning on 1 July 2023 calculated in accordance with subregulation (1);
FX is the indexation factor for the financial year beginning on 1 July 2024.
For the purposes of regulation 138, the relevant fee for the financial year beginning on 1 July 2025 is to be calculated in accordance with the following formula—
where—
P is the amount of the fee payable for the financial year beginning on 1 July 2024 calculated in accordance with subregulation (2);
FX is the indexation factor for the financial year beginning on 1 July 2025.
For the purposes of regulation 138, in a financial year beginning on 1 July 2026 or 1 July in a later year (the relevant financial year), the relevant fee is to be calculated in accordance with the following formula—
where—
P is the amount of the fee payable in the previous financial year;
FX is the indexation factor for the relevant financial year.
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