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Education and Care Services National Regulations
236EPrescribed annual fees
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#### 236E Prescribed annual fees
236E Prescribed annual fees
> > (1) For the purposes of section 53 of the Law, the prescribed annual fee for the financial year beginning on 1 July 2023 in relation to a small service, a medium service or a large service is to be calculated in accordance with the following formula—
> >
> > %20AND%20(No%3D0653)%20AND%20(Year%3D2011)%20AND%20(%22Historical%20Document%22%3D0))/g13.gif)
> > where—
> >
> > F is—
> >
> > > (a) in the case of a small service, $218;
> >
> > > (b) in the case of a medium service, $329;
> >
> > > (c) in the case of a large service, $438;
> >
> > FX is the indexation factor for the financial year beginning on 1 July 2023.
>
> > (2) For the purposes of section 53 of the Law, the prescribed annual fee for the financial year beginning on 1 July 2023 in relation to an extra-large service is to be calculated in accordance with the following formula—
> >
> > %20AND%20(No%3D0653)%20AND%20(Year%3D2011)%20AND%20(%22Historical%20Document%22%3D0))/g14.gif)
> > where—
> >
> > FX is the indexation factor for the financial year beginning on 1 July 2023.
>
> > (3) For the purposes of section 53 of the Law, the prescribed annual fee for the financial year beginning on 1 July 2024 is to be calculated in accordance with the following formula—
> >
> > %20AND%20(No%3D0653)%20AND%20(Year%3D2011)%20AND%20(%22Historical%20Document%22%3D0))/g15.gif)
> > where—
> >
> > P is the amount of the relevant fee payable for the financial year beginning on 1 July 2023 calculated in accordance with subregulation (1) or (2);
> >
> > FX is the indexation factor for the financial year beginning on 1 July 2024.
>
> > (4) For the purposes of section 53 of the Law, the prescribed annual fee for the financial year beginning on 1 July 2025 is to be calculated in accordance with the following formula—
> >
> > %20AND%20(No%3D0653)%20AND%20(Year%3D2011)%20AND%20(%22Historical%20Document%22%3D0))/g16.gif)
> > where—
> >
> > P is the amount of the relevant fee payable for the financial year beginning on 1 July 2024 calculated in accordance with subregulation (3);
> >
> > FX is the indexation factor for the financial year beginning on 1 July 2025.
>
> > (5) For the purposes of section 53 of the Law, in a financial year beginning on 1 July 2026 or 1 July in a later year (the relevant financial year), the prescribed annual fee is to be calculated in accordance with the following formula—
> >
> > %20AND%20(No%3D0653)%20AND%20(Year%3D2011)%20AND%20(%22Historical%20Document%22%3D0))/g17.gif)
> > where—
> >
> > P is the amount of the fee payable in the previous financial year;
> >
> > FX is the indexation factor for the relevant financial year.
>
> **Reg 236E:** Ins 2023 (165), reg 34.