1Short titleThis regulation may be cited as the Building Industry Fairness (Security of Payment) Amendment Regulation 2023.2CommencementThis regulation commences on 1 July 2023.3Regulation AmendedThis regulation amends the Building Industry Fairness (Security of Payment) Regulation 2018.4Replacement of sch 2 (Fees)Schedule 2—omit, insert—Schedule 2Feessection 39Fee units1Application fee for adjudication (Act, s 79(2)(d))—(a)for a payment claim for a progress payment of no more than $10,972.6560.70(b)for a payment claim for a progress payment of more than $10,972.65 but no more than $54,863.45182.15(c)for a payment claim for a progress payment of more than $54,863.45 but no more than $109,726.90303.60(d)for a payment claim for a progress payment of more than $109,726.90 but no more than $274,317.25425.20(e)for a payment claim for a progress payment of more than $274,317.25 but no more than $548,634.50546.60(f)for a payment claim for a progress payment of more than $548,634.50 but no more than $822,951.80668.05(g)for a payment claim for a progress payment of more than $822,951.80 but no more than $1,195,558.00789.55(h)for a payment claim for a progress payment of more than $1,195,558.00Fee units equal to 0.07680733% of the progress payment amount, up to a maximum of 6,073.802Application fee for registration, or renewal of registration, as an adjudicator (Act, ss 159(2)(a)(iii) and 167(2)(c))843.45