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Fees that may be charged by appointees
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3.—(1) An appointee may charge a fee for, or in connection with, the carrying out of a function for which appointment has been made.
(2) The fee shall not exceed—
(a)the costs incurred or to be incurred by the appointee in performing the function; and
(b)an amount on account of profit which is reasonable in the circumstances having regard to—
(i)the character and extent of the work done or to be done by the appointee; and
(ii)the commercial rate normally charged on account of profit for that work or similar work.
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