If you are a sponsor of a product on the ARTG which has not yet generated any revenue then you are likely to be eligible for an exemption from annual fees. The exemption is granted only after the application has been submitted and may be audited once submitted. The rules are a little tricky so it’s important to get the application right. Most importantly – doing nothing means TGA automatically assumes that there have been sales and the exemption is lost.
Like to know more? If you’d like to know more about the TGA ACE Scheme, contact our Sydney office – we would be pleased to step you through how this works. Call +61 (0)2 9906 2984 or email firstname.lastname@example.org.