33Determination of amount of fee

33 Determination of amount of fee

33 Determination of amount of fee

(1) The Authority must determine the amount of a fee it proposes to charge before it can impose the fee.

(2) The Authority may, from time to time, determine to increase or decrease the amount of a fee that has been determined under this clause.

(3) In making a determination under this clause in respect of a fee for giving an authorisation, the Authority must take into consideration the following factors—

(a) the cost to the Authority of giving the authorisation,

(b) the nature of the authorisation given.

(4) In making a determination under this clause in respect of a fee for providing a service, the Authority must take into consideration the following factors—

(a) the cost to the Authority of providing the service,

(b) the price suggested for that service by any relevant industry body or in any schedule of charges published, from time to time, by the government department or agency engaged in the administration of the Act or statutory instrument under which the service is provided,

(c) the importance of the service to the community.

(5) The cost to the Authority of providing a service in connection with the exercise of a regulatory function need not be the only basis for determining the fee for that service.

(6) A higher fee or an additional fee may be charged for an expedited service provided, for example, in the case of urgency.