EXPLANATORY STATEMENT
Issued by the Authority of the Ministers for Shipping and Aviation Support
Subject - Ships (Capital grants) Act 1987
Ships (Capital Grants) Regulations (Amendment)
Section 42 of the Ships (Capital Grants) Act 1987 (the Act) provides that the Governor-General may make regulations for the purposes of the Act.
Subsection 27(1) of the Act provides that the regulations may prescribe fees to be paid in relation to applications or claims under the Act.
Fees payable under the Act in relation to applications or claims were last adjusted in December 1989. In accordance with the Government’s policy of cost recovery in relation to services provided, the fees are amended to meet cost increases of 6% since the last adjustment.
The regulations amend Regulation 5 to;
(a) increase the fee in relation to an application under subsection 12(1) of the Act for a category certificate for a ship from $975 to $1,034,
(b) increase the fee in relation to an application under subsection 14(1) of the Act for a variation to a category certificate for a ship from $375 to $398.