Common use of Licence Fees Clause in Contracts

Licence Fees. The level of licence fee to be paid was determined by the Authority in 2012 based on its estimated annual cost of administering the licensing system at that time. An annual fee of €1,000 is payable by Property Service Employers and an annual fee of €100 is payable by Employees.

Licence Fees. The level of licence fee to be paid was determined by the Authority in 2012 based on its estimated annual cost of administering the licensing system at that time. An annual fee of €1,000 is payable by Property Service Employers and an annual fee of €100 is payable by Employees. The estimated number of licenses to be issued in 2022 is approximately 6,000, comprising of circa 1,900 Employer licences and 4,100 Employee licences. The projected income for 2022 is approx. €2.2 million, in line with previous years.