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Revised corporations fees

Revised fees payable for lodging documents with the Australian Securities Commission (ASC) will commence on 1 August 1997.

The fees increase consists of two components, a 1.5% adjustment to reflect the change in the Consumer Price Index (CPI) during the 12 months to the end of December 1996 and a supplementary increase designed to ensure that, over time, the total fees revenue received by the ASC covers the total costs of the national corporate regulation scheme.

The supplementary increase is the third of four such increases decided upon by the previous Government. The fourth increase is currently scheduled to be implemented in 1998.

A summary Schedule of the new fees is attached.

CANBERRA

Contact officers:

Ms Judith Livingstone, Treasury, 06 263 3025

Mrs Irene O'Brien, ASC, 02 9911 2097

ATTACHMENT

Summary of new fees

Examples of revised fees for commonly lodged documents and searches

[ATTACHMENT IS NOT AVAILABLE ONLINE]