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Discussion paper - Financial institution licensing fees under new conduct regime

The purpose of this discussion document is to seek feedback on the proposed financial institution licensing fees to apply to licence applications made under the CoFI regime. These fees are proposed to fund the costs the FMA will incur in assessing applications.

Executive summary

On behalf of the Minister for ACC, the Ministry of Business, Innovation & Employment is consulting on the Minister’s proposal to increase the amounts, prescribed by regulation, that ACC is liable to pay towards the cost of rehabilitation. These payment rates apply where ACC does not have contracts with treatment providers, and includes rates for consultations, treatments, imaging and devices.