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Schedule of APRA licensing fees

This Schedule sets out the fees as stipulated in Regulation 3A.06 of the Superannuation Industry (Supervision) Regulations 1994, for applicants applying after 1 July 2006. These fees are GST exempt.

For applicants for an RSE licence:

  • Public offer entity licence: $20,000
  • Extended public offer entity licence: $20,000
  • Non-public offer entity licence: $5,500
  • There is no licence application fee for an Acting Trustee RSE licence.

Re-application where an application was made in the previous 12 months and refused or withdrawn:

  • Public offer entity licence: $10,000
  • Extended public offer entity licence: $10,000
  • Non-public offer entity licence: $2,750

Variation of licence class:

  • Application to vary licence class from non-public offer to public offer or extended public offer: $14,500
  • Application to vary licence class from public offer to extended public offer or non-public offer: $500
  • Application to vary licence class from extended public offer to public offer or non-public offer: $500
  • Application to vary licence class from non-public offer to public offer or extended public offer*: $16,500

*(Where, at the time of the original application for its RSE licence, the trustee was a trustee of an RSE at 1 July 2004 and the assets of all RSEs of which the applicant proposed to become an RSE licensee were less than $5 million as per the statement of financial position for the last year of income before 1 July 2004.)