Conveyancers (Qualifications, Experience and Fees) Amendment Regulations 2016 (Vic)

Conveyancers (Qualifications, Experience and Fees) Amendment Regulations 2016

S.R. No. 87/2016

TABLE OF PROVISIONS

Regulation  Page

1Objective

2Authorising provision

3Prescribed qualifications for conveyancers

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Endnotes

STATUTORY RULES 2016

S.R. No. 87/2016

Conveyancers Act 2006

Conveyancers (Qualifications, Experience and Fees) Amendment Regulations 2016

The Governor in Council makes the following Regulations:

Dated: 19 July 2016

Responsible Minister:

MARLENE KAIROUZ
Minister for Consumer Affairs, Gaming and Liquor Regulation

ANDREW ROBINSON

Clerk of the Executive Council

1Objective

The objective of these Regulations is to amend the Conveyancers (Qualifications, Experience and Fees) Regulations 2008 to prescribe new competency qualifications for the purpose of section 12 of the Conveyancers Act 2006.

2Authorising provision

These Regulations are made under section 188 of the Conveyancers Act 2006.

3Prescribed qualifications for conveyancers

In regulation 5 of the Conveyancers (Qualifications, Experience and Fees) Regulations 2008[1]—

(a)before paragraph (aa) insert—

"(aaa)successful completion of each of the following units of competency set out in the BSB - Business Services Training Package published on the website Training.gov.au maintained by the Commonwealth as in force from time to time—

(i)BSBCNV501 Take instructions in relation to a transaction;

(ii)BSBCNV502 Read and interpret a legal document and provide advice;

(iii)BSBCNV503 Analyse and interpret legal requirements for a transaction;

(iv)BSBCNV504 Prepare legal documents;

(v)BSBCNV505 Finalise the conveyancing transaction;

(vi)BSBCNV506 Establish and manage a trust account;

(vii)BSBCNV601 Identify and conduct searches;

(viii)FNSORG601 Negotiate to achieve goals and manage disputes;";

(b)in paragraph (aa), after "successful completion" insert ", by 20 July 2016,";

(c)in paragraph (b), for "paragraph (aa)(vi) or (a)(iii)" substitute "paragraph (aaa)(vi), (aa)(vi) or (a)(iii)";

(d)in paragraph (d), for "paragraph (aa)(vi) or (a)(iii)" substitute "paragraph (aaa)(vi), (aa)(vi) or (a)(iii)".

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Endnotes

[1] Reg. 3: S.R. No. 48/2008 as amended by S.R. No. 73/2012.

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Table of Applied, Adopted or Incorporated Matter

The following table of applied, adopted or incorporated matter is included in accordance with the requirements of regulation 5 of the Subordinate Legislation Regulations 2014.

Statutory rule provision	Title of applied, adopted or incorporated document	Matter in applied, adopted or incorporated document
Regulation 3	Business Services Training Package BSB Version 2.0 published by the Commonwealth and Innovation and Business Skills Australia and endorsed by the Australian Industry and Skills Committee on 12 October 2015.	BSBCNV501 Take instructions in relation to a transaction BSBCNV502 Read and interpret a legal document and provide advice BSBCNV503 Analyse and interpret legal requirements for a transaction BSBCNV504 Prepare legal documents BSBCNV505 Finalise the conveyancing transaction BSBCNV506 Establish and manage a trust account BSBCNV601 Identify and conduct searches FNSORG601 Negotiate to achieve goals and manage disputes