sch.1-secCalculation of fee unit for purposes of Regulation

#### sch.1-sec Calculation of fee unit for purposes of Regulation Calculation of fee unit for purposes of Regulation > > (1) For the purposes of this Regulation, a fee unit is— > > > > > (a) in the financial year 2019–20, $103.41, and > > > > > (b) in each subsequent financial year, the amount calculated as follows— > > > > > > %20AND%20(No%3D0434)%20AND%20(Year%3D2019)%20AND%20(%22Historical%20Document%22%3D0))/g1.gif) > > > 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. > > > > > > Note. > > > > > > 111.3 is the CPI number for the March quarter of 2017. > > > (2) The amount of a fee unit and the amount of a fee calculated by reference to a fee unit is to be rounded to the nearest cent (and an amount of 0.5 cent is to be rounded down). > > > (3) However, if the amount of a fee unit calculated for any financial year is less than the amount that applied for the previous financial year, then the amount for that previous financial year applies instead. > > > (4) As soon as practicable after the CPI number for the March quarter is first published by the Australian Statistician, the Registrar-General is required to publish on the NSW legislation website a notice of the amount of the fee unit for the next financial year. That notice may be published by the addition of an editorial note relating to the amount of the fee unit in the in force version of this Regulation published on the NSW legislation website. > > > (5) The Registrar-General is also required to give public notice on an appropriate government website of the actual amounts of the fees applying in each financial year resulting from the application of the amount of fee unit calculated under this clause. > > > (6) This clause operates to change an amount of a fee that is calculated by reference to a fee unit and that change is not dependent on the publication of a notice by the Registrar-General under this clause. > > > (7) In this clause— > > > > CPI number means the Consumer Price Index (All Groups Index) for Sydney published by the Australian Bureau of Statistics in the latest published series of that index. > > > > financial year means a period of 12 months commencing on 1 July. > > Editorial note. > > Fee unit amount calculated under this clause— > > | Financial year | Fee unit amount | > | 2019–20 | $103.41 | > | 2020–21 | $105.48 | > | 2021–22 | $106.47 | > | 2022–23 | $111.14 | > | 2023–24 | $119.23 | > | 2024–25 | $123.72 | > | 2025–26 | $126.59 |