4Fees payable in respect of Tribunal proceedings

4 Fees payable in respect of Tribunal proceedings

4 Fees payable in respect of Tribunal proceedings

(1) Subject to this Regulation, the fee that a person must pay in respect of a matter referred to in Column 1 of Schedule 1 is—

(a) if the person is a corporation or an incorporated partnership and a fee is specified in Column 3 of that Schedule—the fee so specified, or

(b) in any other case—the fee specified in Column 2 of that Schedule.

(1A) A fee specified in Schedule 1, Part 1 is expressed as a fee unit unless otherwise specified.

(2) A corporation or incorporated partnership is required to pay the standard fee (instead of the higher fee for a corporation) if the corporation or incorporated partnership produces evidence to satisfy the registrar that—

(a) its turnover in the financial year immediately preceding the financial year in which the fees are to be taken was less than $200,000, or

(b) if the corporation or incorporated partnership has not been in existence for a full financial year—its turnover in its first financial year is likely to be less than $200,000.

cl 4: Am 2022 (335), Sch 4[2].