Australian Capital Territory
Guardianship and Management of Property (Fees) Determination 2018
Disallowable instrument DI2018- 198
made under the

Guardianship and Management of Property Act 1991, s 75 (Determination of fees)

EXPLANATORY STATEMENT

The Minister may determine fees for the purposes of the Guardianship and Management of Property Act 1991.

The purpose of this determination is to set a fee for the Act for the 2018-19 Financial Year.  This instrument revokes Disallowable Instrument DI2017-111 which set a fee for the 2017-18 financial year.

The fee for the hourly rate for the examination of accounts maintained by an external financial manager is GST exempt and, when rounded, would have been $254. As this service is subsidised by Community Service Obligation funding, the Public Trustee and Guardian applies a 50% rebate to the fee. With the rebate applied, the fee would have been half of $254 which is $127. 

The instrument contains further explanatory notes about the fee for the hourly rate for this item in the past Financial Year.