We have the authority to charge a registration fee for an application to register a WELS product. We use these fees to fund the administration of the WELS scheme. This fee applies to licensed WELS organisations both inside and outside Australia.
The Australian Government Charging Framework outlines how we design, apply and review charging for regulatory activities.
Our Cost Recovery Implementation Statement (CRIS) provides information on how costs are recovered from individuals or organisations for specific WELS scheme activities. The statement gives stakeholders transparency about our costs and becomes a continuous disclosure tool.
2024–25 WELS scheme CRIS
The 2024–25 CRIS outlines the WELS scheme cost recovery arrangement and compliance with the Australian Government Charging Policy. The statement provides updated financial figures, forecasts and non-financial performance reporting.
Download
Cost Recovery Implementation Statement 2024–25 (PDF 442 KB)
Cost Recovery Implementation Statement 2024–25 (DOCX 158 KB)
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