Partnership Further Amendment (Fees) Regulation 2007 (NSW)
2007 No 598
New South Wales
Partnership Further Amendment (Fees)
Regulation 2007
under the
Partnership Act 1892
Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Partnership Act 1892.
LINDA BURNEY, M.P., Minister for Fair Trading
Explanatory note
Recent amendments to the Partnership Act 1892 (the Principal Act) and the Partnership Regulation 2007 (the Principal Regulation) by the Partnership Amendment (Venture Capital) Act 2007 enabled early stage venture capital limited partnerships to be registered as incorporated limited partnerships under the Principal Act.
One of the objects of this Regulation is to amend the Principal Regulation to reduce (from $869 to $500) the application fee for the registration of an incorporated limited partnership so as to encourage the registration of this type of partnership.
This Regulation also amends the Principal Regulation to remove the “per change” fees (relating to updating the Register of Limited and Incorporated Limited Partnerships in respect of changes in partnership particulars) and “per page” fees (relating to producing copies or certificates from that Register). The removal of these fees is as a consequence of improvements in the storage and retrieval arrangements for data stored in that Register.
This Regulation is made under the Partnership Act 1892, including sections 54 (Application for registration), 56 (Changes in registered particulars), 57 (Register of Limited Partnerships and Incorporated Limited Partnerships), 58 (Certificates of registration), 73E (Lodgment of certain documents with the Registrar) and 81 (the general regulation-making power).
| Published in Gazette No 182 of 14 December 2007, page 9551 | Page 1 |
| 2007 No 598 | |
| Clause 1 | Partnership Further Amendment (Fees) Regulation 2007 |
Partnership Further Amendment (Fees) Regulation 2007
under the
Partnership Act 1892
1 Name of Regulation
This Regulation is the Partnership Further Amendment (Fees)
Regulation 2007.
2 Amendment of Partnership Regulation 2007
The Partnership Regulation 2007 is amended as set out in Schedule 1.
2007 No 598
Partnership Further Amendment (Fees) Regulation 2007
| Amendment | Schedule 1 |
| Schedule 1 | Amendment |
(Clause 2)
Schedule 2
Omit the Schedule. Insert instead:
Schedule 2 Fees
(Clause 7)
Column 1 Column 2 Column 3 Column 4
Item Type of fee Amount for Amount for limited incorporated partnership limited
partnership1 Fee to accompany a statement $771 $500 under section 54 (1) of the Act (application for registration of a partnership)
2 Fee to accompany statement $36 $36 under section 56 (1) of the Act
(notification of change in relation
to particulars of partnership)3 Fee for inspection of Register of $15 per $15 per Limited and Incorporated partnership partnership Limited Partnerships under inspected inspected section 57 (3) of the Act 4 Fee for issue under section 58 (2) $15 $15 of the Act, on application, of certificate as to formation of limited partnership or
incorporated limited partnership 5 Fee for issue under section 58 (2) $30 $30 of the Act, on application, of
certificate as to registered
particulars of limited partnership
or incorporated limited
partnership
2007 No 598
Partnership Further Amendment (Fees) Regulation 2007
| Schedule 1 | Amendment |
Column 1 Column 2 Column 3 Column 4
Item Type of fee Amount for Amount for limited incorporated partnership limited
partnership7 Fee to accompany statement Not applicable $76 lodged under section 73E (2) of
the Act (that partnership is a
venture capital management
partnership)8 Fee to accompany notice lodged Not applicable $76 under section 73E (3) of the Act
(notice as to revocation of a
VCLP, AFOF or ESVCLP or
cessation of a venture capital
management partnership)
0
0
0