Document ID: chunk:federal_register_of_legislation:F2025C00020:reg:5:p3
Version: federal_register_of_legislation:F2025C00020
Segment Type: reg
Provision Reference: reg 5 (pt 3/3)
Character Range: 26921–28237

(a) if the amount of cents is at least 50 cents—the amount is to be rounded up to the nearest dollar; or
 (b) otherwise—the amount is to be rounded down to the nearest dollar.

Other matters
 (4) For section 5 of the Act, if:
 (a) ASIC performs 1 or more functions in a period described in subregulation (5) in accordance with subsection 798C(2) or (4) of the Corporations Act; and
 (b) none of the functions is mentioned in subregulation (1) or (2);
a fee of $5 000 is prescribed for all of the functions of that kind performed in the period.
Note 1: These functions are mentioned in paragraph (k) of the definition of chargeable matter in subsection 4(1) of the Act. Expressions that are defined in the Corporations Act have the same meanings in these Regulations: see subsection 4(2) of the Act.
Note 2: The fees in this subregulation are subject to limits imposed by section 6 of the Act.
Note 3: Paragraph 7(1)(k) of the Act identifies the person liable to pay the fee and the time at which the liability to pay the fee is incurred.
 (5) For paragraph (4)(a), the periods are:
 (a) the period starting when this subregulation commences and ending at the end of 30 April 2002; and
 (b) the period starting on 1 May 2002 and ending at the end of 30 June 2002; and
 (c) each subsequent period of 2 calendar months.