By what percentage can the board raise any fees?

The correct percentage by which the board can raise any fees is 50%. This amount is established by regulatory standards to ensure that fee increases remain reasonable and accessible for licensees and consumers. A 50% increase allows for necessary adjustments to cover rising operational costs and enhance services without imposing an excessive burden on practitioners.

Understanding this regulation is essential as it demonstrates the balance between maintaining the financial viability of the board and ensuring affordability for those in the industry. The other percentages are either too high or not permissible, as they could lead to a steep financial impact on practitioners, making compliance burdensome and potentially driving professionals away from the field.