80Costs of Registrar

80 Costs of Registrar

80 Costs of Registrar

(1) For the purposes of this Part, the costs of the Registrar in connection with the scheme for a scheme year consists of the costs incurred by the Registrar, being costs of a kind referred to in section 295H (1) of the Act, in exercising its functions under this Regulation.

(2) For the purpose of determining the contributions payable in respect of a scheme year, the Registrar must, before the start of each scheme year, prepare and adopt an estimate of the costs of the Registrar in connection with the scheme for the scheme year.

(3) If the Registrar is not the EPA, the estimate may be adopted by the Registrar only with the concurrence of the EPA.