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Education and Care Services National Regulations
236KPrescribed fee—application for reassessment and re-rating
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#### 236K Prescribed fee—application for reassessment and re-rating
236K Prescribed fee—application for reassessment and re-rating
> > (1) For the purposes of section 139(2)(c) of the Law, the prescribed 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))/g27.gif)
> > where—
> >
> > F is—
> >
> > > (a) in the case of a small service, $482;
> >
> > > (b) in the case of a medium service, $725;
> >
> > > (c) in the case of a large service, $967;
> >
> > FX is the indexation factor for the financial year beginning on 1 July 2023.
>
> > (2) For the purposes of section 139(2)(c) of the Law, the prescribed 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))/g28.gif)
> > where—
> >
> > FX is the indexation factor for the financial year beginning on 1 July 2023.
>
> > (3) For the purposes of section 139(2)(c) of the Law, in a financial year beginning on 1 July 2024 or 1 July in a later year (the relevant financial year), the prescribed 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))/g29.gif)
> > where—
> >
> > P is the amount of the relevant fee payable in the previous financial year;
> >
> > FX is the indexation factor for the relevant financial year.
>
> **Reg 236K:** Ins 2023 (165), reg 34.