(1) Class VI permit applicants shall pay an application fee to the cabinet. The application fee established on the fee schedule developed under KRS 353.459 shall be calculated to ensure sufficient funds are available for the actual or anticipated cost to the cabinet for the review of the application. (2) Sequestration operators shall pay an annual administrative fee to the cabinet. The administrative fee established on the fee schedule developed under KRS 353.459 shall be calculated to ensure sufficient funds are available for the actual or anticipated cost to the cabinet for the regulation of sequestration facilities. (3) Sequestration operators seeking completion certificates shall pay the cabinet a fee established on the fee schedule developed under KRS 353.459. The fee shall be calculated to ensure sufficient funds are available for the actual or anticipated cost to the cabinet for the review of the permit and records relating to the operation of the sequestration facility to determine eligibility for issuance of the completion certificate. (4) The application and completion certificate fees shall be deposited in the carbon dioxide sequestration facility administrative fund established in KRS 353.437.