Bus operator accreditation fees are calculated using the formula provided in the Public Transport Competition Regulations 1999 (Vic). The formula references the term 'fee unit', the value of which is established under the Monetary Units Act 2004 (Vic). The value of a fee unit for the 2009-2010 financial year is $11.69. All fees are exempt from GST. Application fees for accreditation For new applicants for accreditation, the application fee payable depends on the type of accreditation sought: