• “(b) $178.25 for each hour of work on the matter by an employee of the FMA who—

  • “(i) is qualified in accountancy, auditing, business, commerce, economics, or law; or

  • “(ii) the FMA is satisfied has a professional level of skills, training, or experience in matters of the kind to which the application relates.”

• “(1A) The fee referred to in subclause (1), charged on the hourly basis specified in this subclause,—

  • “(a) is only payable if—

    • “(i) the total number of hours and part-hours of work carried out in respect of the application by members and employees of the FMA exceeds 52 (the specified number); and

    • “(ii) the FMA has notified the applicant, in writing, that the fee will or may be payable and given the reasons why the number of hours of work carried out on the application has exceeded, or is likely to exceed, the specified number; and

  • “(b) is only payable for hours or part-hours of work (in excess of the specified number) carried out by the persons referred to in the table of hourly rates; and

  • “(c) must be determined as follows for each hour or, on a proportional basis, part-hour (in excess of the specified number) of such work carried out after the FMA has notified the applicant in accordance with paragraph (a)(ii):

    Table of hourly rates
    Category				Fee
    (i)		For each hour of work carried out by a member of the FMA		$230.00
    (ii)		For each hour of work carried out by an employee of the FMA who is qualified in accountancy, auditing, business, commerce, economics, or law		$178.25
    (iii)		For each hour of work carried out by an employee of the FMA who the FMA is satisfied has a professional level of skills, training, or experience in matters of the kind to which the application relates		$178.25

• “(1B) The fee in this regulation—

  • “(a) is payable by the applicant to the FMA; and

  • “(b) as to the amount of $8,021.25, must accompany the application; and

  • “(c) as to any amount payable on the hourly basis specified in subclause (1A), is payable on an invoice issued by, or on behalf of, the FMA and within the time frame specified in that invoice.”

• “(2) The fee in this regulation—

  • “(a) is payable by the applicant to the FMA; and

  • “(b) as to the amount of $115, must accompany the application; and

  • “(c) as to the fee calculated at the hourly rates set out in the table in regulation 3(1A)(c), is payable on an invoice issued by, or on behalf of, the FMA and within the time frame specified in that invoice.”

• “(a) a fee calculated at the hourly rates set out in the table in regulation 3(1A)(c) for each hour or, on a proportional basis, part-hour of work carried out in connection with the request by the persons referred to in that table; and”.

• “(4) Any fee or costs required to be paid under subclause (3) are payable on an invoice issued by or on behalf of the FMA and within the time frame specified in that invoice.”

• “(b) in respect of any of those applications, a fee calculated at the hourly rates set out in the following table for each hour or, on a proportional basis, part-hour of work carried out by the persons referred to:”

  Table of hourly rates
  Category				Fee
  (i)		For each hour of work carried out by a member of the FMA		$230.00
  (ii)		For each hour of work carried out by an employee of the FMA who is qualified in accountancy, auditing, business, commerce, economics, or law		$178.25
  (iii)		For each hour of work carried out by an employee of the FMA who the FMA is satisfied has a professional level of skills, training, or experience in matters of the kind to which the application relates		$178.25

• “(3) The fees in this regulation—

  • “(a) are payable by the applicant to the FMA; and

  • “(b) as to the fee under subclause (1)(a), must accompany the application; and

  • “(c) as to the fee calculated at hourly rates in accordance with subclause (1)(b), are payable on an invoice issued by, or on behalf of, the FMA and within the time frame specified in that invoice.”

• “(b) a fee calculated at the hourly rates set out in the following table for each hour or, on a proportional basis, part-hour of work carried out by the persons referred to:”

  Table of hourly rates
  Category				Fee
  (i)		For each hour of work carried out by a member of the FMA		$230.00
  (ii)		For each hour of work carried out by an employee of the FMA who is qualified in accountancy, auditing, business, commerce, economics, or law		$178.25
  (iii)		For each hour of work carried out by an employee of the FMA who the FMA is satisfied has a professional level of skills, training, or experience in matters of the kind to which the application, advice, or decision relates		$178.25