Property, Stock and Business Agents Act 1997 Property, Stock and Business Agents (General) Amendment (Fees) Regulation 1997 (1997-341) [GG No 83 of 25.7.1997, p 5711] (NSW)

1997 No 341

New South Wales

Property, Stock and Business Agents

(General) Amendment (Fees)

Regulation 1997

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.

Faye Lo Po´ MP

Minister for Fair Trading

Explanatory note

The object of this Regulation is to increase certain fees payable under the
Property, Stock and Business Agents Act 1941.

The application fees referred to in the table of fees set out in Schedule 1 to this Regulation, in respect of sections 23 (2) (d) and 57 (6) and (9) (c) of the Act, include a component previously covered by administration fees which have been repealed by amendments to the Act given effect to by the Fair

Trading Legislation Amendment Act 1997.

This Regulation is made under the Property, Stock and Business Agents Act

1941, including section 92 (the general regulation-making power) and the

sections referred to in the table of fees.

Published in Gazette No 83 of 25 July 1997, page 5711 Page 1

1997 No 341

Clause 1 Properly, Stock and Business Agents (General) Amendment (Fees) Regulation 1997

Property, Stock and Business Agents (General)

Amendment (Fees) Regulation 1997

Name of Regulation

This Regulation is the Property, Stock and Business Agents

(General) Amendment (Fees) Regulation 1997.

Commencement

This Regulation commences on 1 August 1997.

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.

Note

The explanatory note does not form part of this Regulation.

1997 No 341

Property, Stock and Business Agents (General) Amendment (Fees) Regulation 1997

Amendment	Schedule 1
Schedule 1	Amendment

(Clause 3)

Clause 42 Fees payable under the Act

Omit the Table to the clause.

Insert instead:

Table

Section 23 (2) (d):	In the case of an application for an on-site residential property manager’s licence:
$192  (application fee)
$48  (contribution)
In any other case: $576 (application fee) $144 (contribution)
Section 23A (1) (b):	$55  (late fee to accompany:

• an application for
restoration of an expired
licence, or

• 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):	$20
Section 57 (6) and (9) (c):	$50
Section 57 (12):	$25
Section 58 (2):	$20
Section 59 (5):	$1