Document ID: chunk:federal_register_of_legislation:F2022L00833:clause:1_8
Version: federal_register_of_legislation:F2022L00833
Segment Type: clause
Provision Reference: sch 1 cl 8
Character Range: 8517–9697

8  Amount and calculation of charge
 (1) For the purposes of subsection 12(2) of the Act, the amount of charge payable by an NVR registered training organisation for the financial year commencing on 1 July 2022 and each later financial year is to be worked out according to the formula set out in subsection (2), subject to subsections (3) and (4).
 (2) The amount of charge payable is:
 (a) $250 per hour the National VET Regulator spends on conducting the investigation, with charges applied in 15-minute increments on a pro-rata basis; plus
 (b) if a compliance audit is conducted as part of the investigation—$250 per hour the Regulator spends on conducting the audit, with charges applied in 15-minute increments on a pro-rata basis.
 (3) There is no charge payable for the Regulator investigating a complaint if the total time the Regulator spends on conducting the investigation is less than 30 minutes.
 (4) There is no charge payable for the Regulator conducting a compliance audit as part of an investigation into a complaint if the total time the Regulator spends on conducting the audit is less than 30 minutes.

Part 5—Circumstances in which a charge may be waived