31 CFR 150.4 – Calculation of assessment basis
For 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:
Terms Used In 31 CFR 150.4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(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.