Teachers Registration and Standards Regulations 2021

In this Schedule, unless the contrary intention appears—

CPI means the Consumer Price Index (All Groups) for the City of Adelaide published by the Australian Bureau of

Statistics;

relevant indexation factor means the quotient obtained by dividing the CPI for the quarter ending 30 September in the year immediately preceding the year for which a particular fee is payable by the CPI for the quarter ending 30 September 2020;

rounded to the nearest dollar means that, where the calculated amount is not an exact multiple of 1 dollar, it is to be rounded up or down to the nearest multiple of 1 dollar (and if the amount to be rounded is 50 cents or more, then the amount is to be rounded up).

For the purposes of this Schedule, if the amount of a prescribed fee is followed by the word (indexed), the amount of the prescribed fee will be taken to be—

until 31 January 2022—the amount so prescribed;

and

in relation to the period of 12 months commencing on

1 February 2022 or any subsequent year—the amount of the fee so prescribed multiplied by the relevant indexation factor.

If the amount of a prescribed fee payable in respect of a particular period of 12 months is, when adjusted in accordance with subclause (2)(b), less than the amount paid in respect of the immediately preceding period of 12 months, the amount payable in that particular period of 12 months will not be the amount as adjusted in accordance with subclause (2)(b), but will instead be an amount equal to the amount that was payable in respect of the immediately preceding period of 12 months.

The amount of any fee payable under the Act or these regulations is to be rounded to the nearest dollar.