Tertiary Education and Research (Wales) Act 2022

10 (1) The designated body may charge a fee, or fees, to any tertiary education provider in relation to which the body exercises the assessment functions.

(2) Any fees charged by the designated body under sub-paragraph (1) must be charged in accordance with a scheme prepared and published by the designated body that sets out—

(a) the fees which the body charges under sub-paragraph (1), and

(b) the basis on which such fees are calculated.

(3) The amount of a fee payable by any tertiary education provider under sub-paragraph (1) may be calculated by reference to costs incurred, or to be incurred, by the body in the exercise of any of its functions under this Act which—

(a) are unconnected with the provider;

(b) are exercised, or are to be exercised, over a period specified in the scheme.

(4) But the total fees payable under the scheme in any period must not exceed the cost to the designated body of exercising its functions under this Act during the same period.

(5) For the purposes of sub-paragraph (4), the cost to the designated body of exercising its functions under this Act is the amount of the costs incurred, or to be incurred, by the designated body in the exercise of any of its functions under this Act in any given period less any funding received by the body under paragraph 5 of this Schedule in the same period.

(6) The designated body may revise the scheme.

(7) The scheme (and any revised scheme) is to be treated as having effect only if approved by the Commission.