(1) For each development application lodged with a consent authority for development referred to in clause 246 (1) having an estimated cost exceeding $50,000, an amount calculated as follows is to be set aside for payment to the Director-General for the services referred to in clause 245 (2) (g) and (h):
P represents the amount to be set aside, expressed in dollars rounded down to the nearest dollar, and
E represents the estimated cost of the development, expressed in dollars rounded up to the nearest thousand dollars.(2) On or before the 14th day of each month, the consent authority must forward to the Director-General the total amount set aside under subclause (1) in relation the development applications lodged with it during the previous month, together with a report in relation to those applications.(3) The report referred to in subclause (2) must contain such information, and be prepared in such form, as the Director-General may determine.