Conveyancers Licensing Amendment (Fees) Regulation 2015 (NSW)

New South Wales

Conveyancers Licensing Amendment (Fees)

Regulation 2015

under the

Conveyancers Licensing Act 2003

His Excellency the Governor, with the advice of the Executive Council, has made the following

Regulation under the Conveyancers Licensing Act 2003.

VICTOR DOMINELLO, MP

Minister for Innovation and Better Regulation

Explanatory note
The object of this Regulation is to amend the Conveyancers Licensing Regulation 2006 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 (rounded to the nearest and 172 (the general regulation-making power).

dollar).
Conveyancers Licensing Amendment (Fees) Regulation 2015

under the

Conveyancers Licensing Act 2003

1      Name of Regulation

This Regulation is the Conveyancers Licensing Amendment (Fees) Regulation 2015.

2      Commencement

This Regulation commences on 1 July 2015 and is required to be published on the
NSW legislation website.

Schedule 1 Amendment of Conveyancers Licensing
Regulation 2006

Schedule 2

Omit the Schedule. Insert instead:

Schedule 2 Fees

(Clause 5)

Item	Column 1	Column 2	Column 3
Nature of fee payable	Fixed component	Processing component
1	Application fee for grant of licence	$225	$205
2	Application fee for renewal of licence	$225	$67
3	Application fee for restoration of licence	$225	$136
4	Application fee for replacement of licence	Nil	$44

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 for the grant, renewal or restoration of a licence.