Chattel Securities (Fees Amendment) Regulations 2007 (Vic)

Chattel Securities (Fees Amendment) Regulations 2007

S.R. No. 51/2007

TABLE OF PROVISIONS

Regulation  Page

1Objective

2Authorising provision

3Commencement

4New regulation 7 substituted

7Fees for applications

5Certificates and fees

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ENDNOTES

STATUTORY RULES 2007

S.R. No. 51/2007

Chattel Securities Act 1987

Chattel Securities (Fees Amendment) Regulations 2007

The Governor in Council makes the following Regulations:

Dated: 12 June 2007

Responsible Minister:

TIM PALLAS
Minister for Roads and Ports

RUTH LEACH

Clerk of the Executive Council

1Objective

The objective of these Regulations is to amend the Chattel Securities Regulations 1997 to––

(a)increase certain fees;

(b)delete reference to obsolete fees.

2Authorising provision

These Regulations are made under section 28 of the Chattel Securities Act 1987.

3Commencement

These Regulations come into operation on 1 July 2007.

4New regulation 7 substituted

For regulation 7 of the Chattel Securities Regulations 1997[1] substitute—

"7   Fees for applications

The fee payable to the Corporation for an application to register a security interest under section 16 of the Act is—

(a)in the case of an application on-line and in batch, $6.40; and

(b)in the case of an application on a magnetic tape, $6.40; and

(c)in any other case, $11.40.".

5Certificates and fees

For regulation 10(1) of the Chattel Securities Regulations 1997 substitute—

"(1)The fee payable in respect of an application under section 24(1) of the Act is––

(a)if the customer has an account with the Corporation, $7.40; and

(b)in any other case, $8.70.".

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ENDNOTES

[1] Reg. 4: S.R. No. 93/1997 amended by S.R. Nos 46/2003, 87/2004, 44/2005 and 51/2006.