GDC changes approach to setting fees
The policy, which sets out this new approach, saw a positive response in a public consultation earlier this year, and will be introduced in 2019. It is based on three main principles, and these are:
There are several changes that will be introduced under these core principles.
Crucially, the GDC is moving to a three-year planning model, which will provide clearer information about the cost of proposed regulatory activity. The plan will inform a three-year costed corporate strategy which will be consulted on before it is approved. In practice, this means the GDC will set out plans on how it intends to achieve its objectives every three years. Prior to the strategy being approved, anyone with an interest will have the opportunity to express their views about its high-level aims, and the associated expenditure, which will provide the basis for setting the Annual Retention Fee (ARF). The first of these consultations will take place in spring 2019.