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Section 3: The basis for setting fees and levies

Proposed fees and levies are set to recover approximately $42 million annually, considering the proposed increase in budget and any forecast deficit.

Section 4: Current and proposed levies

Three levies (2 new levies and 1 current levy) with distinct purposes are proposed to recover costs from a group of users across various registers.

Section 5: Proposed fees and total charges for all registers

This section sets out the proposed fees given the level of cost to be recovered after levy revenue has been applied to each register. The tables within each subsection show what the total charge for specific register services would be, made up of proposed fees and applicable proposed levies.

2016 review of Section 99(1A) of the Credit Contracts and Consumer Finance Act 2003

Changes were made to section 99(1A) of the Credit Contracts and Consumer Finance Act (CCCFA) in 2019, following a review of this provision. The changes are found in sections 95A and 95B of the CCCFA, which expressly enable a court (on application by the lender) to vary or remove the effect of section 99(1A).