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5. (1) The fees prescribed for the purposes of the Scottish Ministers determining fees under section 3(3)(b) of the Act (fees for application for registration) are—
(a)where an applicant for registration acts, or expects to act, as a property factor in relation to 100 or fewer properties, the sum of £100;
(b)where an applicant for registration acts, or expects to act, as a property factor in relation to more than 100 properties, the sum of £370.
(2) The number of properties in relation to which an applicant acts, or expects to act, is determined as at the date of the submission of the application for registration.
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