Annual fees
95 Annual fees
A registered person must pay the annual fee prescribed by the national regulations.
The annual fee must be paid by a registered person at the time registration is granted and thereafter on an annual basis on or before the prescribed date.
However, the Regulator may accept payment of an annual fee in accordance with an agreement (that provides, for example, for the payment of fees by instalments) made with the person who is liable to pay the fee.
The national regulations may —
fix different fees for different kinds of registration; and
fix various methods for the calculation of various fees; and
fix fees which may be differential, varying according to any factor determined by the Regulator; and
impose additional fees for the late payment of fees under this section.
This provision refers to the regulations (prescribed date
). Made under this Act:
This Act’s bill:Explanatory memorandumSecond reading speech
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