This section has no associated Executive Note
2. The principal fee referred to in paragraph 1 is to be established by the local authority by–
(a)estimating the reasonable costs of carrying out its functions under Part 8 of the 2004 Act from 1st January 2006 until 31st March 2009, taking into account any grant paid or expected to be paid to the local authority in relation to that period under section 98 of the 2004 Act;
(b)estimating the numbers of applications for registration of different types relevant to paragraphs 3 to 5 below; and
(c)taking into account the additional fees and discounts referred to in paragraphs 3 to 5 below,
so as to ensure as reasonably as possible that the income from fees meets the relevant costs.