Page 1976 - Week 07 - Thursday, 20 August 1992

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ATTORNEY GENERAL FOR THE AUSTRALIAN

CAPITAL TERRITORY

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO 238

Business Names Legislation

MRS CARNELL - Asked the Attorney General upon notice on 11 August 1992

(1) What fees are currently payable under Section 4A of the Business Names Act 1963.

(2) What is the amount, and reason, for each fee.

(3) Do fees levied cover the cost of administering the Business Names Act 1963 and associated regulations and what is the amount of any surplus or deficit.

(4) Do the benefits of the Business Names Act 1963 accrue solely to the business community, or the wider community as well.

(5) What are these benefits.

MR CONNOLLY - The answer to the members questions are as follows:

(1) A summary of the fees payable under Section 4A of the

Business Names Act 1963 as they appear in ACT Gazette No 5101

of 30 June 1992 is as follows:

Application for registration

(for three years) $82.00

Renewal of registration

(for a further three years) $56.00

Lodgement of a change of particulars

and other miscellaneous documents $5.00

Application for and consent of minister

for registration of a name

in exceptional circumstances $22.00 and $56.00

respectively

(2) The amount of each fee is calculated to fully recover the cost of administering the Business Names Act and maintaining the Register of Business Names for the ACT community.

(3) The fees are calculated according to a costing formula which includes staff labour 35%, materials 6%, maintenance of equipment and the Territorys share of a national data-base 8%. Costs also include personnel overheads 41$, accommodation rental 10% and security. There is no surplus or deficit: full cost recovery is achieved.

1976

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