Document ID: chunk:federal_register_of_legislation:F2024C01009:reg:90d
Version: federal_register_of_legislation:F2024C01009
Segment Type: reg
Provision Reference: reg 90D
Character Range: 94627–95370

90D  Additional increase to fees in 2020, 2021 and 2022 financial years
 (1) At the start of a financial year (an indexation year) beginning on 1 July 2020, 1 July 2021 or 1 July 2022, an amount worked out under regulation 90C (the base amount) is replaced by the amount worked out using the formula:

 (2) In subregulation (1), the fee increase factor for an indexation year is as follows:
 (a) for the indexation year beginning on 1 July 2020—1.158;
 (b) for the indexation year beginning on 1 July 2021—1.136;
 (c) for the indexation year beginning on 1 July 2022—1.12.
 (3) Amounts worked out under subregulation (1) are to be rounded to the nearest whole dollar (rounding 50 cents upwards).

Part 12—Transitional and saving provisions