Document ID: chunk:federal_register_of_legislation:F2025C00069:reg:26:p4
Version: federal_register_of_legislation:F2025C00069
Segment Type: reg
Provision Reference: reg 26 (pt 4/7)
Character Range: 624549–627228

sum of the following:
 (i) the result of paragraph (a);
 (ii) the Part 6A product's administration fee flat amount in relation to the relevant year;
 (c) if the Part 6A product does not have an administration fee cap in relation to the relevant year, the applicable administration fee is the result of paragraph (b);
 (d) if the Part 6A product has an administration fee cap in relation to the relevant year, the applicable administration fee is the lesser of the following:
 (i) the result of paragraph (b);
 (ii) that administration fee cap.
 (3) For the purposes of subregulation (1), work out the applicable investment fee as follows:
 (a) first, work out the product of the following:
 (i) an account balance in respect of the Part 6A product;
 (ii) the Part 6A product's investment fee percentage in relation to the relevant year;
 (b) work out the sum of the following:
 (i) the result of paragraph (a);
 (ii) the Part 6A product's investment fee flat amount in relation to the relevant year;
 (c) if the Part 6A product does not have an investment fee cap in relation to the relevant year, the applicable investment fee is the result of paragraph (b);
 (d) if the Part 6A product has an investment fee cap in relation to the relevant year, the applicable investment fee is the lesser of the following:
 (i) the result of paragraph (b);
 (ii) that investment fee cap.
 (4) For the purposes of subregulation (1), work out the applicable transaction costs as follows:
 (a) first, work out the product of the following:
 (i) an account balance in respect of the Part 6A product;
 (ii) the Part 6A product's transaction costs percentage in relation to the relevant year;
 (b) work out the sum of the following:
 (i) the result of paragraph (a);
 (ii) the Part 6A product's transaction costs flat amount in relation to the relevant year;
 (c) if the Part 6A product does not have a transaction costs cap in relation to the relevant year, the applicable transaction costs is the result of paragraph (b);
 (d) if the Part 6A product has a transaction costs cap in relation to the relevant year, the applicable transaction costs is the lesser of the following:
 (i) the result of paragraph (b);
 (ii) that transaction costs cap.

9AB.25  Specified methods for Part 6A ranking products—paragraph 60J(3)(b) of Act
 (1) For the purposes of paragraph 60J(3)(b) of the Act, the following subregulations specify methods for ranking Part 6A products according to the formulas specified in regulations 9AB.21 and 9AB.22.
 (2) This subregulation specifies the method of ranking Part 6A products from:
 (a) the highest result of applying the formula set out in regulation 9AB.23 (net return