Conveyancers Licensing Amendment (Fees) Regulation 2008 (NSW)

2008 No 224

New South Wales

Conveyancers Licensing Amendment

(Fees) Regulation 2008

under the

Conveyancers Licensing Act 2003

Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Conveyancers Licensing Act 2003.

LINDA BURNEY, M.P., Minister for Fair Trading

Explanatory note
The object of this Regulation is to increase the fees payable under the Conveyancers Licensing Act 2003 in relation to the grant, renewal, restoration and replacement of a licence issued under that Act.
The fee increases are generally in line with movements in the Consumer Price Index.
This Regulation is made under the Conveyancers Licensing Act 2003, including sections 12
(Application fees and Compensation Fund contributions) and 172 (the general

regulation-making power).

Published in Gazette No 76 of 27 June 2008, page 6001	Page 1
2008 No 224
Clause 1	Conveyancers Licensing Amendment (Fees) Regulation 2008

Conveyancers Licensing Amendment (Fees) Regulation

2008

under the

Conveyancers Licensing Act 2003

1      Name of Regulation

This Regulation is the Conveyancers Licensing Amendment (Fees)
Regulation 2008.

2      Commencement

This Regulation commences on 1 July 2008.

3 Amendment of Conveyancers Licensing Regulation 2006

The Conveyancers Licensing Regulation 2006 is amended as set out in
Schedule 1.

2008 No 224

Conveyancers Licensing Amendment (Fees) Regulation 2008

Amendments	Schedule 1
Schedule 1	Amendments

(Clause 3)

[1]      Clause 5 Fees for licence

Omit the note to clause 5 (4).

[2]      Schedule 2

Omit the Schedule. Insert instead:

Schedule 2 Fees

(Clause 5)

Column 1	Column 2	Column 3
Nature of fee payable	Fixed component	Processing component
Application fee for grant of	$189	$171
licence
Application fee for renewal	$189	$56
of licence
Application fee for	$189	$113
restoration of licence
Application fee for	nil	$37
replacement of licence

Note. Section 89 of the Conveyancers Licensing Act 2003 provides that an applicant for a licence is liable to pay the contribution to the Compensation Fund, and any levy for that Fund, required to be paid from time to time under section 168 or 169 of the Property, Stock and Business Agents Act 2002. Regulations made under that Act specify the amount of the contribution payable by the applicant for the licence concerned. That amount (and any levy) is payable in addition to the amount of an application fee prescribed by this Regulation.

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