For paragraph 18NK (2) (b) of the Act, the fee for an application for the renewal of a servicing licence is the sum of the fees worked out using Parts 1 and 2 of the following table.
Part 1 Number of verifiers |
||
Item |
Number of verifiers nominated in application for renewal |
Fee |
1.1 |
1 |
$550 × number of years of licence |
1.2 |
At least 2 but no more than 10 |
$850 × number of years of licence |
1.3 |
At least 11 but no more than 50 |
$2 050 × number of years of licence |
1.4 |
At least 51 but no more than 100 |
$3 550 × number of years of licence |
1.5 |
At least 101 |
$5 800 × number of years of licence |
Part 2 Categories of licence |
||
Item |
Fee |
|
2.1 |
$125 × number of classes of servicing licence to which the application relates |