Current through October 31, 2024
Section 150.4 - Calculation of assessment basisFor each assessment period, the Department will calculate an assessment basis that shall be sufficient to replenish the Financial Research Fund to a level equivalent to the sum of:
(a) Budgeted operating expenses for the OFR for the applicable assessment period;(b) Budgeted operating expenses for the Council for the applicable assessment period;(c) Budgeted capital expenses for the OFR for the 12-month period beginning on the first day of the applicable assessment period;(d) Budgeted capital expenses for the Council for the 12-month period beginning on the first day of the applicable assessment period; and(e) An amount necessary to reimburse reasonable implementation expenses of the Corporation as provided under section 210(n)(10) of the Dodd-Frank Act.