Land and Business (Sale and Conveyancing) (Beneficial Interest) Variation Regulations 2017 (SA)

South Australia

Land and Business (Sale and Conveyancing) (Beneficial Interest) Variation Regulations 2017

under the Land and Business (Sale and Conveyancing) Act 1994

Contents

Part 1—Preliminary

1            Short title

2            Commencement

3            Variation provisions

Part 2—Variation of Land and Business (Sale and Conveyancing) Regulations 2010

4            Variation of regulation 25—Restriction on obtaining beneficial interest in selling or appraising property

Part 1—Preliminary

1—Short title

These regulations may be cited as the Land and Business (Sale and Conveyancing) (Beneficial Interest) Variation Regulations 2017.

2—Commencement

These regulations will come into operation on the day on which section 4(7) of the Land and Business (Sale and Conveyancing) (Beneficial Interest) Amendment Act 2017 comes into operation.

3—Variation provisions

In these regulations, a provision under a heading referring to the variation of specified regulations varies the regulations so specified.

Part 2—Variation of Land and Business (Sale and Conveyancing) Regulations 2010

4—Variation of regulation 25—Restriction on obtaining beneficial interest in selling or appraising property

Regulation 25—after subregulation (7) insert:

(8)For the purposes of section 24G(10b) of the Act, the form prescribed for a certificate referred to in that section is the form determined by the Commissioner.

Note—

As required by section 10AA(2) of the Subordinate Legislation Act 1978, the Minister has certified that, in the Minister's opinion, it is necessary or appropriate that these regulations come into operation as set out in these regulations.

Made by the Governor

with the advice and consent of the Executive Council

on 12 December 2017

No 325 of 2017

CBS0012/17CS