8Administrative fee component

8 Administrative fee component

(1) If a leviable provider is a new provider for a year, the amount of the provider’s administrative fee component for the year is the amount determined for the purposes of paragraph (2)(a) for the year. (2) Otherwise, a leviable provider’s administrative fee component for a year is the sum of: (a) the amount determined in an instrument under section 9 for the purposes of this paragraph for the year; and (b) the amount determined in an instrument under section 9 for the purposes of this paragraph for the year, multiplied by the total HELP students for the provider for the year.