What is the registration fee for contractors under the regulations mentioned?

The registration fee for contractors under the specified regulations is set at $50. This fee is established to ensure that contractors comply with the necessary requirements and standards for operating within the industry. It helps regulatory bodies maintain oversight and ensure that contractors are adequately qualified and insured to perform the work safely and effectively. This fee structure is typically aligned with the administrative costs incurred in processing registrations and maintaining oversight of contractors in the underground mining sector. Understanding the fee is crucial for contractors who plan to operate legally and adhere to industry regulations.