{"id":"F2022L01728","name":"Superannuation Auditor Registration Imposition Regulations 2022","slug":"superannuation-auditor-registration-imposition-regulations-2022","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":441676,"registerId":"F2022L01728-fast-fetch-1775956925500","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Superannuation Auditor Registration Imposition Regulations 2022","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 22.10.0\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![Commonwealth Coat of Arms of Australia](image.001.jpeg)\n\n \n\nSuperannuation Auditor Registration Imposition Regulations 2022\n\nI, General the Honourable David Hurley AC DSC (Retd), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.\n\nDated   15 December 2022\n\nDavid Hurley\n\nGovernor‑General\n\nBy His Excellency’s Command\n\nStephen Jones\n\nAssistant Treasurer  Minister for Financial Services\n\n \n\n \n\n \n\n \n\n \n\n \n\nContents\n\nPart 1—Preliminary\n\n1 Name\n\n2 Commencement\n\n3 Authority\n\n4 Schedules\n\n5 Definitions\n\nPart 2—Prescribed fees\n\n6 ASIC fees\n\n7 Registry fees\n\n8 Method for calculating registry fees in subsequent financial years\n\nSchedule 1—Repeals\n\nSuperannuation Auditor Registration Imposition Regulation 2012\n\nPart 1—Preliminary\n\n \n\n1  Name\n\n  This instrument is the Superannuation Auditor Registration Imposition Regulations 2022.\n\n2  Commencement\n\n (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.\n\n \n\n- Commencement information\n- Column 1 Column 2 Column 3\n- Provisions Commencement Date/Details\n- 1. The whole of this instrument The day after this instrument is registered.\n\n\nNote: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.\n\n (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.\n\n3  Authority\n\n  This instrument is made under the Superannuation Auditor Registration Imposition Act 2012.\n\n4  Schedules\n\n  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.\n\n5  Definitions\n\n  In this instrument:\n\nAct means the Superannuation Auditor Registration Imposition Act 2012.\n\nCPI number means the All Groups Consumer Price Index number (being the weighted average of the 8 Australian capital cities) published by the Australian Statistician.\n\nSIS Act means the Superannuation Industry (Supervision) Act 1993.\n\nPart 2—Prescribed fees\n\n \n\n6  ASIC fees\n\n  For the purposes of section 4 of the Act, the fee mentioned in column 2 of an item of the following table is prescribed for the matter mentioned in column 1 of the item.\n\n \n\n- ASIC fees\n- Item Column 1 Fee payable for … Column 2 Fee\n- 1 applying for registration as an approved SMSF auditor $2,191\n- 2 applying for conditions imposed on registration as an approved SMSF auditor to be varied or revoked under section 128D of the SIS Act $678\n- 3 applying for registration as an approved SMSF auditor to be cancelled under section 128E of the SIS Act $193\n- 4 undertaking a competency examination in accordance with section 128C of the SIS Act $107\n- 5 giving to the Regulator a statement under section 128G of the SIS Act nil\n- 6 giving to the Regulator a statement under section 128G of the SIS Act within 1 month after it fell due (in addition to the fee payable because of item 5) nil\n- 7 giving to the Regulator a statement under section 128G of the SIS Act more than 1 month after it fell due (in addition to the fee payable because of item 5) nil\n- 8 giving to the Regulator particulars under section 128H of the SIS Act within 1 month after they fell due nil\n- 9 giving to the Regulator particulars under section 128H of the SIS Act more than 1 month after they fell due nil\n\n\n7  Registry fees\n\n  For the purposes of section 4 of the Act, the fee mentioned in column 2 of an item of the following table is prescribed for the matter mentioned in column 1 of the item.\n\n \n\n- Registry fees\n- Item Column 1 Fee payable for … Column 2 Fee\n- 1 inspecting or searching a register that the Regulator keeps under Division 1A of Part 16 of the SIS Act for a current extract nil\n- 2 inspecting or searching a register that the Regulator keeps under Division 1A of Part 16 of the SIS Act for a historical extract, except if the request to inspect or search is made by a journalist $20\n- 3 inspecting or searching a register that the Regulator keeps under Division 1A of Part 16 of the SIS Act for a historical extract, if the request to inspect or search is made by a journalist nil\n- 4 inspecting or searching an extract given to or issued by the Regulator under Division 1A of Part 16 of the SIS Act (other than an order made under subsection 130F(2) of that Act), except if the request to inspect or search is made by a journalist $20\n- 5 inspecting or searching an extract given to or issued by the Regulator under Division 1A of Part 16 of the SIS Act (other than an order made under subsection 130F(2) of that Act), if the request to inspect or search is made by a journalist nil\n\n\n8  Method for calculating registry fees in subsequent financial years\n\n (1) For the purposes of paragraph 4(2)(b) of the Act, in the financial year starting on 1 July 2023, or a subsequent 1 July, if the latest CPI number is greater than the earlier CPI number, the amount of a fee mentioned in an item of the table in section 7 that is not nil is the amount worked out using the formula:\n\n![Start formula start fraction previous fee times latest CPI number over earlier CPI number end fraction end formula.](image.002.png)   \n\nwhere:\n\nearlier CPI number is the CPI number for the March quarter 2 financial years before the relevant financial year begins.\n\nlatest CPI number is the CPI number for the last March quarter before the relevant financial year begins.\n\nprevious fee is the amount of the fee that was applicable immediately before that 1 July.\n\n (2) If the latest CPI number is not greater than the earlier CPI number, the amount of a fee mentioned in an item of the table is the amount of the fee that was applicable immediately before that 1 July.\n\n (3) If, apart from this subsection, the amount worked out under subsection (1):\n\n (a) would be greater than $3,000—the amount is taken to be $3,000; or\n\n (b) would be an amount of dollars and cents—the amount is to be rounded to the nearest whole dollar and, if the amount to be rounded is 50 cents, rounded down.\n\n (4) For this section:\n\n (a) if the Australian Statistician publishes a CPI number for a March quarter in substitution for a CPI number previously published by the Australian Statistician for that quarter, the publication of the later CPI number must be disregarded; and\n\n (b) if the Australian Statistician changes the index reference period for the Consumer Price Index, then, after the change is made, regard must be had only to the CPI numbers published in terms of the new index reference period.\n\nSchedule 1—Repeals\n\n \n\nSuperannuation Auditor Registration Imposition Regulation 2012\n\n1  The whole of the instrument\n\nRepeal the instrument.\n\n \n","sortOrder":0}],"analysis":{"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":3,"scope_assessment":{"changed":false,"description":"The legislation maintains the same narrow scope as its predecessor - setting fees for SMSF auditor registration and registry access. The 2022 version updates dollar amounts and introduces CPI indexation for registry fees, but does not expand beyond the original purpose of imposing fees under the Superannuation Auditor Registration Imposition Act 2012."},"complexity_factors":["Short instrument (8 substantive sections plus Schedule)","Simple tabular structure for fee schedules (2 tables, 14 fee items total)","Single mathematical formula for CPI indexation with clear defined variables","Limited cross-referencing (only references to parent Act and SIS Act for context)","Straightforward repeal mechanism in Schedule 1","No nested exceptions or complex conditional logic beyond basic 'if/then' for CPI calculations and journalist exemptions"],"plain_english_summary":"This instrument sets the fee schedule for SMSF auditors and public access to ASIC’s auditor registers, including charges for registration actions, exam sittings, and historical register extracts, and replaces the 2012 rules. It creates an automatic CPI-based annual uplift (capped) for registry fees. It affects SMSF auditors, journalists and public users of the register, and funds ASIC’s oversight of SMSF auditing."},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":true,"description":"This instrument repeals the Superannuation Auditor Registration Imposition Regulation 2012 (Schedule 1) and replaces it with a new schedule of prescribed fees (ss6–7) plus an explicit CPI‑indexation method for subsequent years (s8). Mechanically, it updates fee amounts and adds the annual CPI adjustment, while leaving administration and decision‑making under the existing Act and relevant SIS Act provisions (ss3,5; s6)."},"complexity_factors":["Discrete schedule of fixed fees for different actions (ss6–7) — straightforward but requires mapping who pays which item","Several fee items are nil, creating mixed cost signals (s6, s7)","Annual CPI indexation formula with specified reference quarters and limits (s8(1)–(2))","Rounding rules and an upper cap of $3,000 on indexed fees (s8(3))","Cross‑references to the Superannuation Auditor Registration Imposition Act 2012 and provisions of the SIS Act for the underlying regulatory triggers (ss3,5; s6 references to ss128C–128H of the SIS Act)","Repeal of the 2012 instrument (Schedule 1) — requires comparing old and new fee structures for transitional or scope effects"],"plain_english_summary":"This regulation sets the dollar fees charged for registering and regulating SMSF auditors and for searching the auditor register, and it repeals the 2012 regulation it replaces. It lists specific ASIC application fees and registry extract fees, with several items set at nil. (See ss6–7; Schedule 1.)\n\nFees that are non‑nil may be adjusted each year by a CPI formula, subject to rounding rules and a $3,000 cap. The costs fall on applicants or users of register extracts; the Regulator administers registration, records and fee collection. (See s8.)"}},"importantCases":[],"_links":{"self":"/api/acts/superannuation-auditor-registration-imposition-regulations-2022","history":"/api/acts/superannuation-auditor-registration-imposition-regulations-2022/history","analysis":"/api/acts/superannuation-auditor-registration-imposition-regulations-2022/analysis","conflicts":"/api/acts/superannuation-auditor-registration-imposition-regulations-2022/conflicts","importantCases":"/api/acts/superannuation-auditor-registration-imposition-regulations-2022/important-cases","documents":"/api/acts/superannuation-auditor-registration-imposition-regulations-2022/documents"}}