The expense of each annual review required pursuant to section 11(e) of the Tax Law shall be borne and paid by the certified capital company. The cost of the annual review shall consist of all actual expenses incurred, including reimbursement for the compensation paid for the services of the persons employed or contracted by the superintendent to make such review.
N.Y. Comp. Codes R. & Regs. Tit. 11 § 400.8