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New Cost Recovery Arrangements
The legislation covering the APVMA's new fee structure for the APVMA received Royal Assent passing into law on 1 April 2005. The APVMA is currently assisting with finalising the accompanying Regulations. Full details on the new arrangements are contained in the final Cost Recovery Impact Statement that is available on the APVMA website.
The APVMA's Finance Section will be communicating further with stakeholders to ensure everyone is aware of the new framework and its implementation. More information is available.
The new application fee categories are scheduled to commence for applications made to the APVMA from Friday 1 July 2005.
Under the new structure, there is no longer a 'Registration Renewal Fee'. However, the new Annual Fee is due for payment by 30 June 2005. Payment of the $390 Annual Fee will maintain a product's registration for FY 2005-06.
Work is currently underway to expand the existing on-line electronic payment system to allow all product registrants to pay the Annual Fee electronically. Separate advice will be provided to all Registrants in late May on how to login and use the new Annual Fee online system. The new on-line module will be operational in early June 2005.
Seminars are being held by the APVMA in June 2005 to explain the new registration requirements.