Document ID: chunk:federal_register_of_legislation:F2024C00311:reg:5:p5
Version: federal_register_of_legislation:F2024C00311
Segment Type: reg
Provision Reference: reg 5 (pt 5/34)
Character Range: 71198–73929

is competent to perform the functions and duties of a verifier, the servicing licensee or employee must:
 (a) perform any test of the measuring instrument requested by the inspector; and
 (b) perform the test at a time and place agreed by the inspector and the servicing licensee or employee who will perform the test.
 (25) If a servicing licensee, or an employee of a servicing licensee, tests or verifies a measuring instrument that is included in a licence class prescribed in Schedule 2, the servicing licensee must, if the Secretary directs, provide a test report to the Secretary:
 (a) in writing in an approved form; and
 (b) within 14 days after the Secretary directs the servicing licensee to provide the test report.
Note 1: Section 18NH of the Act sets out other conditions on all servicing licenses.
Note 2: An electronic version of each of the National Instrument Test Procedures is available on the internet at http://www.nmi.gov.au.

2.44  Prescribed fee—application to amend condition of servicing licence (Act s 18NI(2)(b))
  For the purposes of paragraph 18NI(2)(b) of the Act, the fee for an application to amend a condition of a servicing licence made in a financial year, is:
 (a) for the financial year beginning on 1 July 2019—$143; and
 (b) for the financial year beginning on 1 July 2020—$161; and
 (c) for the financial year beginning on 1 July 2021—$178; and
 (d) for a financial year beginning on or after 1 July 2022—$196.

2.45  Prescribed fee—application to amend servicing licence due to change of partnership (Act s 18NJ(3)(d))
  For the purposes of paragraph 18NJ(3)(d) of the Act, the fee for an application to amend a servicing licence to state the people who are or will be the partners made in a financial year is:
 (a) for the financial year beginning on 1 July 2019—$571; and
 (b) for the financial year beginning on 1 July 2020—$643; and
 (c) for the financial year beginning on 1 July 2021—$714; and
 (d) for a financial year beginning on or after 1 July 2022—$785.

2.46  Prescribed fee—application for renewal of servicing licence (Act s 18NK(2)(b))
  For the purposes of paragraph 18NK(2)(b) of the Act, the fee for an application for the renewal of a servicing licence is the sum of the following:
 (a) the amount worked out by multiplying the class amount for the application by the number of classes of servicing licence to which the application relates;
 (b) the amount worked out by multiplying the verifier amount for the application by the number of licence years for the application.

2.47  Prescribed fee—verifying measuring equipment
 (1) For subsection 18MK(2) of the Act, this regulation prescribes the fee for verifying or re‑verifying a measuring instrument.
 (2) Subject