(1) The regulations may prescribe fees that are payable for services the Registrar provides in performing his or her functions, or exercising his or her powers, under:
(a) this Act (including the regulations); and
(b) any other Commonwealth law that imposes functions on the Registrar.
(2) A prescribed fee must not be such as to amount to taxation.
(3) A prescribed fee is payable to the Commonwealth.
(4) The regulations may prescribe the circumstances in which the Registrar, on behalf of the Commonwealth, may wholly or partly waive a prescribed fee. The circumstances may relate to an individual Aboriginal and Torres Strait Islander corporation or a class of Aboriginal and Torres Strait Islander corporation.