Property, Stock and Business Agents Act 1941 Property, Stock and Business Agents (General) Amendment (Service of Documents) Regulation 1998 (1998-587) [GG No 145 of 9.10.1998, p 8093] (NSW)

1998 No 587

New South Wales

Property, Stock and Business Agents

(General) Amendment (Service of

Documents) Regulation 1998

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.

JEFFREY SHAW, Q.C., M.L.C.,

Minister for Fair Trading.

Explanatory note

The objects of this Regulation are:

(a)	to amend the provisions of the Property, Stock and Business Agents (General) Regulation 1993 that currently provide for the sending of certain documents by certified mail, and
(b)	to provide, instead, that the documents concerned may be sent by registered post (which has replaced certified mail) or (in 2 cases) by facsimile.

This Regulation is made under the Property Stock and Business Agents Act 1941, and, in particular, under sections 38A (Furnishing of particulars of trust account or transactions), 42A (Review of commissions, fees etc) and 92 (the general regulation-making power).

Published in Gazette No 145 of 9 October 1998, page 8093 Page 1

1998 No 587

Clause 1 Property, Stock and Business Agents (General) Amendment (Service of Documents) Regulation 1998

Property, Stock and Business Agents (General) Amendment (Service of Documents) Regulation 1998

1 Name of Regulation

This Regulation is the Property, Stock and Business Agents (General) Amendment (Service of Documents) Regulation 1998.

2 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 ScheduIe 1.

3 Notes

The explanatory note does not form part of this Regulation.

Page 2

1998 No587

Property, Stock and Business Agents (General) Amendment (Service of Documents) Regulation 1998

Amendments	Schedule 1
Schedule 1 Amendments

(Clause 2)

[1]       Clause 15 Furnishing of itemised account

Omit clause 15 (1) (b).

[2]        Clause 15 (2)

Omit “certified mail”. Insert instead “registered post”

[3]        Clause 17 Review of commissions, fees etc

Omit “certified mail” wherever ocurring in clause 17 (2) (b) and

(3) (a).

Insert instead “registered post or facsimile".

[4]        Clause 37 Furnishing of particulars of trust account or transactions

Omit “certified mail“ from clause 37 (b).
Insert instead “registered post”.