Sch 2 s 2Calculation of fee units

Sch 2 s 2 Calculation of fee units

2 Calculation of fee units

(1) For this regulation, a fee unit is—

(a) in the financial year 2026–27—$104.08, and

(b) in each subsequent financial year—the amount calculated as follows—

where—

A is the CPI number for the March quarter in the financial year immediately preceding the financial year for which the amount is calculated.

B is the CPI number for the March quarter of 2025.

(2) The amount of a fee unit must be rounded to the nearest cent and an amount of 0.5 cents must be rounded up.

(3) However, if the amount of a fee unit calculated for a financial year is less than the amount that applied for the previous financial year, then the amount for the previous financial year applies instead.