(1)  In this regulation –

relevant estate means an estate of a represented person that is of more than $50,000 in value at the last day of the period to which a statement of the accounts of the estate, provided to the Board under section 63 in respect of the estate, relates.

(2)  On providing to the Board a statement of the accounts of the estate under section 63 , the administrator of a relevant estate must pay the following fee for the Board to examine the statement in accordance with section 63(4) :

(a) if the administrator is the Public Trustee, or a trustee company within the meaning of the Trustee Companies Act 1953 , a fee of 83.5 fee units;

(b) if the administrator is not the Public Trustee, or a trustee company within the meaning of the Trustee Companies Act 1953 , a fee of 118 fee units.

(3)  The value of the following items are not to be taken into account in determining the value of an estate of a represented person for the purposes of this regulation:

(a) the represented person's household furniture and effects, including personal jewellery;

(b) the represented person's principal place of residence;

(c) the principal place of residence of the spouse of the represented person or a child, of the represented person, who is a minor;

(d) the represented person's former principal place of residence, if –

(i) it has been, at any time during the period to which the statement of the accounts relates, occupied by the represented person; and

(ii) it was not rented to another person at any time during that period;

(e) any deposit or bond that is held by a residential aged care facility in respect of the represented person.