Document ID: chunk:federal_register_of_legislation:F2024L00917:clause:1_6
Version: federal_register_of_legislation:F2024L00917
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 3728–4248

6  Risk rated premium component
 (1) The amount for the purposes of step 1 of the method statement in subsection 11(2) of the Act is $6.00.
 (2) The percentage for the purposes of step 2 of the method statement in subsection 11(2) of the Act is 0.13%.
 (3) For the purposes of step 4 of the method statement in subsection 11(2) of the Act, the following risk factors are specified:
 (a) financial strength risk factor;
 (b) completion rate risk factor;
 (c) non-compliance history and registration renewal risk factor.