OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS 1987 (REPEALED)

PART 3B - PRE-1 JULY 1988 FUNDING CREDITS AND DEBITS  

REGULATION 23PI   APPLICATION FEES  

23PI(1)   [ Amounts ]  

For the purposes of subparagraph 15D(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

(ii) a shortfall-in-assets amount or the aggregate of shortfall-in-assets amounts;

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.

23PI(2)   [ Limits ]  

A fee under paragraph (1)(b) must not be:

(a) less than $ 500; or

(b) more than $ 5,000.