{"id":"sr:partnership-fees-regulations-2025","name":"Partnership (Fees) Regulations 2025","slug":"partnership-fees-regulations-2025","collection":"regulation","jurisdiction":"vic","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":183452,"registerId":"vic-sr:partnership-fees-regulations-2025-current","compilationNumber":null,"startDate":"2026-04-05","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Partnership (Fees) Regulations 2025","content":"Version No. 001\n\n**Partnership (Fees) Regulations 2025**\n\n**S.R. No. 39/2025**\n\nVersion as at  \n23 June 2025\n\n**TABLE OF PROVISIONS**\n\n*Regulation Page*\n\n1 Objective 1\n\n2 Authorising provisions 1\n\n3 Commencement 1\n\n4 Revocation 1\n\n5 Definition 1\n\n6 Fee for application for registration—limited partnership 1\n\n7 Fee for statement of changes in registered particulars 2\n\n8 Fee for inspection of Register 2\n\n9 Fee for certificate 2\n\n10 Miscellaneous fees 2\n\nSchedule 1—Miscellaneous fees 3\n\n═════════════\n\nEndnotes 4\n\n1 General information 4\n\n2 Table of Amendments 6\n\n3 Explanatory details 7\n\n**Version No.** **001**\n\n**Partnership (Fees) Regulations 2025**\n\n**S.R. No. 39/2025**\n\nVersion as at  \n23 June 2025\n\n\t1 Objective\n\nThe objective of these Regulations is to prescribe fees payable under the **Partnership Act 1958**.\n\n\t2 Authorising provisions\n\nThese Regulations are made under sections 80 and 128 of the **Partnership Act 1958**.\n\n\t3 Commencement\n\nThese Regulations come into operation on 23 June 2025.\n\n\t4 Revocation\n\nThe Partnership (Fees) Regulations 2023[[1]](#endnote-1) are **revoked**.\n\n\t5 Definition\n\nIn these Regulations—\n\n***the Act*** means the **Partnership Act 1958**.\n\n\t6 Fee for application for registration—limited partnership\n\nThe fee payable for the lodgement of an application for registration as a limited partnership under section 54 of the Act is 28 fee units.\n\n\t7 Fee for statement of changes in registered particulars\n\nThe fee payable for the lodgement of a statement setting out changed particulars of a limited partnership under section 56 of the Act is 4 fee units.\n\n\t8 Fee for inspection of Register\n\nThe fee payable for the inspection of information recorded in the Register of Limited Partnerships under section 57 of the Act is 2 fee units.\n\n\t9 Fee for certificate\n\nThe fee payable for an application for a certificate under section 58(2) of the Act is 4∙5 fee units.\n\n\t10 Miscellaneous fees\n\nFor the purposes of a provision of the Act specified in Column 2 of Schedule 1, the prescribed fee is the amount specified opposite in Column 4 of that Schedule.\n\nSchedule 1—Miscellaneous fees\n\nRegulation 10\n\n| *Column 1* | *Column 2* | *Column 3* | *Column 4* |\n| --- | --- | --- | --- |\n| *Item* | *Provision of the Act* | *Type of fee* | *Amount* |\n| 1 | Section 88(3) | Fee for an application for registration as an incorporated limited partnership | 28 fee units |\n| 2 | Section 90(3) | Fee for the inspection of information recorded in the Register of Incorporated Limited Partnerships | 2 fee units |\n| 3 | Section 91(3)(c) | Fee for the lodgement of a statement setting out changed particulars of an incorporated limited partnership | 4 fee units |\n| 4 | Section 92(2) | Fee for the issue of a certificate recording a change in the registered particulars of an incorporated limited partnership or correcting an error or omission in the Register of Incorporated Limited Partnerships | 4×5 fee units |\n| 5 | Section 92(3) | Fee for the issue of a certificate in relation to an incorporated limited partnership as to the formation and registered particulars as at that time of the incorporated limited partnership | 4×5 fee units |\n| 6 | Section 120(5) | Fee for the lodgement of a document, statement or notice under section 120 of the Act | 4×5 fee units |\n\n\n═════════════\n\nEndnotes\n\n1 General information\n\nSee [www.legislation.vic.gov.au](http://www.legislation.vic.gov.au) for Victorian Bills, Acts and current Versions of legislation and up-to-date legislative information.\n\nThe Partnership (Fees) Regulations 2025, S.R. No. 39/2025 were made on 11 June 2025 by the Governor in Council under sections 80 and 128 of the **Partnership Act 1958**, No. 6330/1958 and came into operation on 23 June 2025: regulation 3.\n\nThe Partnership (Fees) Regulations 2025 will sunset 10 years after the day of making on 11 June 2035 (see section 5 of the **Subordinate Legislation Act 1994**).\n\nINTERPRETATION OF LEGISLATION ACT 1984 (ILA)\n\nStyle changes\n\nSection 54A of the ILA authorises the making of the style changes set out in Schedule 1 to that Act.\n\nReferences to ILA s. 39B\n\nSidenotes which cite ILA s. 39B refer to section 39B of the ILA which provides that where an undivided regulation, rule or clause of a Schedule is amended by the insertion of one or more subregulations, subrules or subclauses the original regulation, rule or clause becomes subregulation, subrule or subclause (1) and is amended by the insertion of the expression \"(1)\" at the beginning of the original regulation, rule or clause.\n\nInterpretation\n\nAs from 1 January 2001, amendments to section 36 of the ILA have the following effects:\n\n• Headings\n\nAll headings included in a Statutory Rule which is made on or after  \n1 January 2001 form part of that Statutory Rule. Any heading inserted in a Statutory Rule which was made before 1 January 2001, by a Statutory Rule made on or after 1 January 2001, forms part of that Statutory Rule.  \nThis includes headings to Parts, Divisions or Subdivisions in a Schedule; Orders; Parts into which an Order is divided; clauses; regulations; rules; items; tables; columns; examples; diagrams; notes or forms.  \nSee section 36(1A)(2A)(2B).\n\n• Examples, diagrams or notes\n\nAll examples, diagrams or notes included in a Statutory Rule which is made on or after 1 January 2001 form part of that Statutory Rule. Any examples, diagrams or notes inserted in a Statutory Rule which was made before 1 January 2001, by a Statutory Rule made on or after 1 January 2001, form part of that Statutory Rule. See section 36(3A).\n\n• Punctuation\n\nAll punctuation included in a Statutory Rule which is made on or after  \n1 January 2001 forms part of that Statutory Rule. Any punctuation inserted in a Statutory Rule which was made before 1 January 2001, by a Statutory Rule made on or after 1 January 2001, forms part of that Statutory Rule.  \nSee section 36(3B).\n\n• Provision numbers\n\nAll provision numbers included in a Statutory Rule form part of that Statutory Rule, whether inserted in the Statutory Rule before, on or after  \n1 January 2001. Provision numbers include regulation numbers, rule numbers, subregulation numbers, subrule numbers, paragraphs and subparagraphs. See section 36(3C).\n\n• Location of \"legislative items\"\n\nA \"legislative item\" is a penalty, an example or a note. As from 13 October 2004, a legislative item relating to a provision of a Statutory Rule is taken to be at the foot of that provision even if it is preceded or followed by another legislative item that relates to that provision. For example, if a penalty at the foot of a provision is followed by a note, both of these legislative items will be regarded as being at the foot of that provision. See section 36B.\n\n• Other material\n\nAny explanatory memorandum, table of provisions, endnotes, index and other material printed after the Endnotes does not form part of a Statutory Rule. See section 36(3)(3D)(3E).\n\n2 Table of Amendments\n\nThere are no amendments made to the Partnership (Fees) Regulations 2025 by statutory rules, subordinate instruments and Acts.\n\n3 Explanatory details\n\n1. Reg. 4: S.R. No. 55/2023.\n\n  ——\n\n  **Fee Units**\n\n  These Regulations provide for fees by reference to fee units within the meaning of the **Monetary Units Act 2004**. The amount of the fee is to be calculated, in accordance with section 7 of that Act, by multiplying the number of fee units applicable by the value of a fee unit.\n\n  The value of a fee unit for the financial year commencing 1 July 2024 is $16.33 and for the financial year commencing 1 July 2025 is $16.81. The amount of the calculated fee may be rounded to the nearest 10 cents.\n\n  The value of a fee unit for future financial years is to be fixed by the Treasurer under section 5 of the **Monetary Units Act 2004**. The value of a fee unit for a financial year must be published in the Government Gazette and a Victorian newspaper before 1 June in the preceding financial year. [↑](#endnote-ref-1)","sortOrder":0}],"analysis":{"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"The Regulations revoke the 2023 fees instrument (reg 4) and restate prescribed fees by reference to fee units (regs 6–10; Schedule 1; Explanatory details). The text does not introduce new categories of fee‑paying activities or new classes of persons required to pay fees; it retains the same transaction types (registration, changes, inspections, certificates). The Table of Amendments records no subsequent amendments to alter scope."},"complexity_factors":["Fees are expressed in fee units requiring annual valuation by the Treasurer under the Monetary Units Act 2004, so dollar amounts vary year-to-year (Explanatory details).","Conversion and rounding rules (multiply by fee unit value; round to nearest 10 cents) introduce small calculation steps for payers (Explanatory details; Monetary Units Act s.7).","Fees are listed both in core regulations and a Schedule covering limited and incorporated limited partnerships, requiring cross-referencing (regs 6–10; Schedule 1).","Multiple cross-references to provisions of the Partnership Act 1958 mean users must consult primary Act sections to locate the triggering transactions (regs 2, 6–10; Schedule 1).","Minor textual/formatting inconsistencies in the fee notation (e.g. '4∙5' in reg 9 and '4×5' in Schedule items) increase interpretive friction for administrators and payers (reg 9; Schedule 1).","Administrative compliance is straightforward but recurring: parties lodging applications, statements, inspections or certificate requests must pay at point of lodgement/request (regs 6–9; Schedule 1).","The instrument revokes the 2023 fees regulation and contains a 10‑year sunset as noted in the endnotes, which affects regulatory lifecycle planning (reg 4; Endnotes)."],"plain_english_summary":"These Regulations set the fees payable under the Partnership Act 1958 for limited and incorporated limited partnership transactions — registration, changes to registered particulars, inspections of the registers and certificates — and replace the 2023 fees (reg 4; regs 6–10; Schedule 1). Applicants, registered partnerships and anyone inspecting the registers must pay the prescribed amounts expressed in fee units; the Treasurer fixes the dollar value of a fee unit under the Monetary Units Act 2004, which determines the actual cost (Explanatory details)."},"issue_detection":{"absurdities":[],"contradictions":[]},"summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"Based on the available text, this appears to be a standard fees regulation instrument — a routine administrative update to fee amounts under the existing partnership law framework. There is no evidence of scope expansion beyond setting or updating fees as originally intended."},"complexity_factors":["Fees regulations are typically straightforward subordinate legislation (rules made under a parent Act) with limited interpretive complexity","The document provided contains very limited substantive content — mostly version history metadata — making full assessment difficult","Fee schedules can involve cross-referencing with the parent Partnership Act, adding minor complexity","No apparent interaction with multiple regulatory regimes or complex definitions visible in the provided text"],"plain_english_summary":"These regulations set the fees payable for administrative matters under partnership law—registration, filings and related applications—and make those amounts fixed by regulation rather than primary legislation. They affect business partnerships, the advisers who handle their compliance (lawyers, accountants), and anyone lodging partnership paperwork. Check the current fee schedule before submitting documents, as specific amounts aren’t provided here."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The regulations maintain the same narrow scope as their 2023 predecessor—solely prescribing fees for partnership-related services. The 2025 version is a straightforward re-enactment with updated fee unit values, not an expansion of purpose."},"complexity_factors":["Only 10 substantive regulations plus a short schedule","Single defined term ('the Act')","Straightforward fee-setting structure with no conditional logic or exceptions","Minimal cross-referencing (only to specific sections of the Partnership Act 1958)","Schedule 1 contains only 6 items in a simple table format","No nested provisions, exceptions, or discretionary powers"],"plain_english_summary":"**What this does:**\nThese regulations set out the fees that businesses must pay when dealing with limited partnerships and incorporated limited partnerships in Victoria. They replace the 2023 fee regulations.\n\n**Who it affects:**\n- Anyone registering a **limited partnership** or **incorporated limited partnership** (a business structure where some partners have limited liability)\n- Businesses updating their registered details\n- People requesting certificates or searching the partnership registers\n\n**Key fees (using \"fee units\" which convert to dollar amounts):**\n- **Registering a limited partnership:** 28 fee units (~$470 as of 2025)\n- **Registering an incorporated limited partnership:** 28 fee units\n- **Updating registered details:** 4 fee units (~$67)\n- **Inspecting the register:** 2 fee units (~$34)\n- **Requesting certificates:** 4.5 fee units (~$76)\n\n**Why fee units matter:**\nRather than listing dollar amounts that go out of date, the law uses \"fee units.\" The Treasurer sets the dollar value each year (currently $16.81 per unit). This means fees automatically adjust for inflation without needing new laws.\n\n**Why this matters:**\nThese fees fund the Victorian government's administration of partnership registrations. If you're setting up a limited partnership, these are your upfront costs. The regulations ensure fee amounts stay current through the fee unit system rather than requiring constant updates."}},"importantCases":[],"_links":{"self":"/api/acts/partnership-fees-regulations-2025","history":"/api/acts/partnership-fees-regulations-2025/history","analysis":"/api/acts/partnership-fees-regulations-2025/analysis","conflicts":"/api/acts/partnership-fees-regulations-2025/conflicts","importantCases":"/api/acts/partnership-fees-regulations-2025/important-cases","documents":"/api/acts/partnership-fees-regulations-2025/documents"}}