Property, Stock and Business Agents Act 1941 Property, Stock and Business Agents (General) Amendment (Fees) Regulation 2000 (2000-71) [GG No 29 of 25.2.2000, p 1389] (NSW)

2000 No 71

Property, Stock and Business Agents New South Wales

(General) Amendment (Fees)

Regulation 2000

under the

Property, Stock and Business Agents Act 1941

His Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Property, Stock and Business Agents Act 1941.

JOHN WATKINS, M.P., Minister for Fair Trading

Explanatory note

The object of this Regulation is to increase the fees payable in relation to licences including section 92 (the general regulation-making power).

under the Property, Stock and Business Agents Act 1941.

Published in Gazette No 29 of 25 February 2000, page 1389	Page 1
[4]
2000 No 71
Clause 1	Property, Stock and Business Agents (General) Amendment (Fees) Regulation 2000

Property, Stock and Business Agents (General)
Amendment (Fees) Regulation 2000

1     Name of Regulation

This Regulation is the Property, Stock and Business Agents (General)

Amendment (Fees) Regulation 2000.

2 Commencement

This Regulation commences on 31 March 2000.

3 Amendment of Property, Stock and Business Agents (General)

Regulation 1993

The Property, Stock and Business Agents (General) Regulation 1993 is amended as set out in Schedule 1.

4 Notes

The explanatory note does not form part of this Regulation.

2000 No 71

Property, Stock and Business Agents (General) Amendment (Fees)

Regulation 2000

Amendments	Schedule 1
Schedule 1	Amendments

(Clause 3)

[1]     Clause 7 Issue of duplicate licences and certificates

Omit “$25” from clause 7 (1). Insert instead “$29”.

[2]     Clause 42 Fees payable under the Act

Omit the Table to the clause. Insert instead:

Table

Provision	Fee
Section 23 (2) (d)	In the case of an application for an on-site residential property manager’s licence:

$198	(application fee)
$48	(contribution)

In any other case:

$594	(application fee)
$144	(contribution)

Section 23A (1) (b)

$57

(late fee to accompany:

(a)	an application for restoration of an expired licence, or
(b)	any number of applications made at the same time for restoration of expired licences of different classes held by the same person,

regardless of the term for which
the licence is being renewed)

Section 30 (2)

$23

Section 57 (6) and (9) (c)

$57

Section 57 (12)

$29

Section 58 (2)

$23

Section 59 (5)

$1

2000 No 71

Property, Stock and Business Agents (General) Amendment (Fees)

Regulation 2000

Schedule 1 Amendments

[3]    Clause 44A Compensation Fund contribution by licensed conveyancers

Omit “section 71”. Insert instead “section 64D”.

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