Treasury Laws Amendment (ASIC Fees) Regulations 2018 (F2018L00965)

Schedule 1   Main amendments

Superannuation Auditor Registration Imposition Regulation 2012

40   Subsections 5(1) and (2)

Repeal the subsections, substitute:

(1) For the purposes of paragraph 4(2)(b) of the Act, the amount of a fee on or after 4 July 2018 is, subject to subsections (2A) to (4), the amount mentioned in column 2 of an item in the table in section 4 or 4A.

Indexable matters

(2) A matter is an indexable matter if it is mentioned in an item in the table in section 4A, and the fee is not nil.

(2A) For the purposes of paragraph 4(2)(b) of the Act, in the financial year starting on 1 July 2019, or a subsequent 1 July, if the latest CPI number is greater than the earlier CPI number, the fee for an indexable matter is the amount worked out using the formula:

where:

previous indexable amount is the amount of the fee for the indexable matter that was applicable immediately before that 1 July.