45Authorisation fees

45 Authorisation fees

45 Authorisation fees

(1) The following authorisation fees, as adjusted under this clause, are payable in respect of each financial year by an authorised provider of a taxi service or a booking service—

(a) if the authorised provider carries out fewer than 20,000 passenger service transactions in that year—$500, or

(b) if the authorised provider carries out 20,000 or more and fewer than 50,000 passenger service transactions in that year—$750, or

(c) if the authorised provider carries out 50,000 or more and fewer than 100,000 passenger service transactions in that year—$1,250, or

(d) if the authorised provider carries out 100,000 or more and fewer than 500,000 passenger service transactions in that year—$2,500, or

(e) if the authorised provider carries out 500,000 or more and fewer than 1,000,000 passenger service transactions in that year—$5,000, or

(f) if the authorised provider carries out 1,000,000 or more and fewer than 2,500,000 passenger service transactions in that year—$8,500, or

(g) if the authorised provider carries out 2,500,000 or more and fewer than 5,000,000 passenger service transactions in that year—$15,000, or

(h) if the authorised provider carries out 5,000,000 or more and fewer than 10,000,000 passenger service transactions in that year—$25,000, or

(i) if the authorised provider carries out 10,000,000 or more passenger service transactions in that year—$50,000.

(2) For the purposes of subclause (1), the adjusted amount is—

(a) in the financial year 2018/2019—the fee specified in subclause (1)(a), (b), (c), (d), (e), (f), (g), (h) or (i) (the base fee), and

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

where—

F is the base fee.

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 2017.