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Queensland Future Fund (Titles Registry) Act 2021
sec.13Deciding amount of titles registry fees
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### sec.13 Deciding amount of titles registry fees
The operator must decide the amount of the fee for a matter mentioned in schedule 1 for a financial year, starting with the financial year starting on 1 July 2022.
The amount of a fee decided under subsection (1) for a matter for a financial year (the relevant financial year ) must not be more than—
for the relevant financial year starting on 1 July 2022—the amount of the fee for the matter stated in schedule 1 , CPI indexed for the relevant financial year; or
for a relevant financial year starting on 1 July 2023 or later—the amount of the fee for the matter for the previous financial year, CPI indexed for the relevant financial year.
In this section—
CPI means the all groups consumer price index for Brisbane published by the Australian Bureau of Statistics.
CPI indexed , for a financial year (the relevant financial year ), means the addition of any amount that equates to any percentage increase in the CPI between the following quarters—
the March quarter for the financial year before the previous financial year to the relevant financial year;
the March quarter for the previous financial year to the relevant financial year.
(sec.13-ssec.1) The operator must decide the amount of the fee for a matter mentioned in schedule 1 for a financial year, starting with the financial year starting on 1 July 2022.
(sec.13-ssec.2) The amount of a fee decided under subsection (1) for a matter for a financial year (the relevant financial year ) must not be more than— for the relevant financial year starting on 1 July 2022—the amount of the fee for the matter stated in schedule 1 , CPI indexed for the relevant financial year; or for a relevant financial year starting on 1 July 2023 or later—the amount of the fee for the matter for the previous financial year, CPI indexed for the relevant financial year.
(sec.13-ssec.3) In this section— CPI means the all groups consumer price index for Brisbane published by the Australian Bureau of Statistics. CPI indexed , for a financial year (the relevant financial year ), means the addition of any amount that equates to any percentage increase in the CPI between the following quarters— the March quarter for the financial year before the previous financial year to the relevant financial year; the March quarter for the previous financial year to the relevant financial year.
- (a) for the relevant financial year starting on 1 July 2022—the amount of the fee for the matter stated in schedule 1 , CPI indexed for the relevant financial year; or
- (b) for a relevant financial year starting on 1 July 2023 or later—the amount of the fee for the matter for the previous financial year, CPI indexed for the relevant financial year.
- (a) the March quarter for the financial year before the previous financial year to the relevant financial year;
- (b) the March quarter for the previous financial year to the relevant financial year.