6Amount of levy

##### 6 Amount of levy (1) The amount of levy payable in respect of a registration renewed in a financial year starting on or after 1 July 1995 is, subject to subsection (3), the amount worked out under the formula:  where: > new CGFCE number means the number worked out as follows: (a) take the first set of Commonwealth Government Final Consumption Expenditure Implicit Price Deflators to be issued by the Department of Finance after 1 January in the previous financial year; (b) find the number that relates to the period ending on 31 December in the previous financial year; (c) that number is the new CGFCE number. > base CGFCE number means the number worked out as follows: (a) take the first set of Commonwealth Government Final Consumption Expenditure Implicit Price Deflators to be issued by the Department of Finance after 1 January in the previous financial year; (b) find the number that relates to the period ending on 31 December 1993; (c) that number is the base CGFCE number. > relevant base rate means the base rate applicable under subsection (2) to the renewal of the registration. (2) The base rate applicable to a renewal of a registration is as follows: (a) if, at the time of the renewal, the individual whose registration is renewed proposes to give immigration assistance in the capacity of an employee of a registered agent, an employee of a partnership at least one of whose members is a registered agent, or an employee of a corporation at least one of whose executive officers is a registered agent, then: (i) if he or she also proposes at that time to give during the period for which the registration is continued, and during that period gives, paid immigration assistance in no more than 5 cases—$50; or (ii) if subparagraph (i) does not apply—$525; (b) if the individual whose registration is renewed is not proposing, at the time of that renewal, to give immigration assistance in any of the capacities mentioned in paragraph (a), then: (i) if he or she proposes at that time to give during the period for which the registration is continued, and during that period gives, paid immigration assistance in no more than 5 cases—$105; or (ii) if subparagraph (i) does not apply—$1,050. (3) If an amount worked out under the formula in subsection (1) is not a multiple of $5, the amount is to be rounded as follows: (a) if the amount exceeds the nearest lower multiple of $5 by $2.50 or more—round the amount up to the nearest higher multiple of $5; (b) in any other case—round the amount down to the nearest lower multiple of $5.