ASIC industry funding model to cover fees-for-services

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The government has introduced legislation into Parliament on the second phase of the Australian Securities and Investments Commission’s (ASIC) industry funding model.

This covers fees-for-services — what ASIC charges for specific activities, including licence applications or variations and applications for registration. Historically, these services only attracted a nominal fee. However, under the new regime, the fees will reflect ASIC's actual costs.

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