Personal Property Securities (Commonwealth Powers) Regulation 2012 (NSW)

1Name of Regulation

This Regulation is the Personal Property Securities (Commonwealth Powers) Regulation 2012.

2Commencement

This Regulation commences on 1 July 2012 and is required to be published on the NSW legislation website.

3Definitions

In this Regulation:

account customer means a person who was previously an account customer within the meaning of the Registration of Interests in Goods Regulation 2004 as in force immediately before its repeal.

Director-General has the same meaning as it has in Schedule 1 to the Act.

previous certificate means a certificate issued under section 8 (1) of the repealed Act, to a person other than an account customer, before the registration commencement time.

registration commencement time has the same meaning as it has in Schedule 1 to the Act.

retrospective certificate means a certificate issued under section 8 (5) of the repealed Act (as continued in effect by clause 7 of Schedule 1 to the Act) after the registration commencement time.

REVS has the same meaning as it has in Schedule 1 to the Act.

the Act means the Personal Property Securities (Commonwealth Powers) Act 2009.

the repealed Act means the Registration of Interests in Goods Act 1986 as in force immediately before its repeal.

4Fees(1)

For the purposes of clause 7 (6) of Schedule 1 to the Act, the fees payable in respect of an application for the issue of a copy of a previous certificate, a retrospective certificate or a copy of a retrospective certificate under REVS are those set out in Schedule 1.

(2)

The fee specified in Column 2 of Schedule 1 is payable to the Director-General in respect of the matter specified opposite that amount in Column 1 of that Schedule.

(3)

The Director-General may, in any case, waive or remit the whole or part of a fee.

Schedule 1Fees

(Clause 4)

Column 1	Column 2
Item	Matter	Fee
1	An application for the issue of a copy of a previous certificate	$16
2	An application for the issue of a retrospective certificate or a copy of a retrospective certificate already issued	$199