(1)A designated body may charge an annual fee to any registered higher education provider in respect of costs incurred, or to be incurred, by the body in the performance by the body of its functions under this Act.
(2)The amount of a fee payable by a registered higher education provider under this section may be calculated by reference to costs incurred, or to be incurred, by the body in the performance by the body of any of its functions under this Act which are unconnected with the provider.
(3)The total fees payable under this section in any period of 12 months must not exceed the total costs incurred by the body in that period in the performance by the body of its functions under this Act.
(4)The designated body must publish—
(a)a statement of the amount of the fees which it charges under this section and the basis on which they are calculated, and
(b)revised statements where the amount of the fees or the basis on which they are calculated changes.
(5)“Designated body” has the same meaning as in section 66.
Commencement Information
I1S. 67 in force at 1.8.2019 by S.I. 2018/1226, reg. 4(g)