Australian Prudential Regulation Authority Act 1998

PART 5 - FINANCIAL AND TAXATION MATTERS  

Division 1 - APRA ' s finances and the APRA Special Account  

SECTION 51   CHARGES FOR APRA'S SERVICES ETC.  

51(1)   [Charge for services]  

APRA may, by legislative instrument, fix charges to be paid to APRA by a person in respect of:

(a) services and facilities APRA provides the person; or

(b) applications or requests (however described) made to APRA under any law of the Commonwealth.

The instrument may also provide for the waiver or refund of charges.

51(1A)   [When subsection (1) does not apply]  

Subsection (1) does not apply to a fee payable to APRA under an agreement entered into in accordance with subsection 9A(2).

51(2)   [Calculation of charge]  

A charge fixed under subsection (1) must be reasonably related to the costs and expenses incurred or to be incurred by APRA in relation to the matters to which the charge relates and must not be such as to amount to taxation.

51(3)    
(Repealed by No 74 of 2007)