Superannuation Industry (Supervision) Regulations 1994
For the purposes of sub-paragraph 342(3)(d)(ii) of the Act, the following application fees are prescribed:
(a) if the application is for a PJFC that consists of a late payment amount or is the aggregate of late payment amounts - $300;
(b) subject to subregulation (2), if the application is for a PJFC that consists of a shortfall-in-assets amount or is the aggregate of shortfall-in-assets amounts, an amount calculated using the formula:
| 0.002 × the amount of the PJFC; |
(c) if an application is for a PJFC that includes:
(i) a late payment amount or the aggregate of late payment amounts; and
the fee prescribed in paragraph (b), as if the PJFC consisted of a shortfall-in-assets amount or the aggregate of shortfall-in-assets amounts. 12.09(2) [Fee for shortfall-in-assets applications]
(ii) a shortfall-in-assets amount or the aggregate of shortfall-in-assets amounts;
A fee under paragraph (1)(b) must not be:
(a) less than $500; or
(b) more than $5,000.
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