For paragraph 18NA (3) (b) of the Act, the fee for an application for a servicing licence is the sum of:
(a) the fee (if any) specified in Part 1 of the following table; and
(b) the fees worked out using Parts 2 and 3 of the table.
Part 1 Kind of applicant |
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Item |
Applicant |
Fee |
|
1.1 |
Applicant that holds a servicing licence |
Nil |
|
1.2 |
Applicant that does not hold a servicing licence |
$500 |
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Part 2 Number of verifiers |
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Item |
Number of verifiers nominated in application |
Fee |
|
2.1 |
1 |
$550 × number of years of licence (including any part of a year) |
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2.2 |
At least 2 but no more than 10 |
$850 × number of years of licence (including any part of a year) |
|
2.3 |
At least 11 but no more than 50 |
$2 050 × number of years of licence (including any part of a year) |
|
2.4 |
At least 51 but no more than 100 |
$3 550 × number of years of licence (including any part of a year) |
|
2.5 |
At least 101 |
$5 800 × number of years of licence (including any part of a year) |
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Part 3 Categories of licence |
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Item |
Fee |
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3.1 |
Number of classes of servicing licence to which the application relates × $125 |
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