Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2005 (NSW)

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2005 No 240

New South Wales

Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2005

under the

Property, Stock and Business Agents Act 2002

Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Property, Stock and Business Agents Act 2002.

JOHN HATZISTERGOS, M.L.C.,

Minister for Fair Trading

Explanatory note
The object of this Regulation is to increase application fees for licences and certificates of registration and Compensation Fund contributions payable under the Property, Stock and Business Agents Act 2002. The fee increases are in line with movements in the Consumer Price Index.

This Regulation is made under the Property, Stock and Business Agents Act 2002, including section 230 (the general regulation-making power).

Published in Gazette No 73 of 17 June 2005, page 2411 Page 1
2005 No 240 Property, Stock and Business Agents Amendment (Fees and Contributions)
Clause 1 Regulation 2005

Property, Stock and Business Agents Amendment

(Fees and Contributions) Regulation 2005

under the

Property, Stock and Business Agents Act 2002

1      Name of Regulation

This Regulation is the Property, Stock and Business Agents Amendment
(Fees and Contributions) Regulation 2005.

2      Commencement

This Regulation commences on 1 July 2005.

3 Amendment of Property, Stock and Business Agents Regulation 2003

The Property, Stock and Business Agents Regulation 2003 is amended as set out in Schedule 1.

Property, Stock and Business Agents Amendment (Fees and Contributions) 2005 No 240
Regulation 2005
Amendment Schedule 1
Schedule 1 Amendment

(Clause 3)

Schedule 16

Omit the Schedule. Insert instead:

Schedule 16 Fees and Compensation Fund
contributions

(Clause 46)

Column 1 Column 2 Column 3 Column 4 Column 5
Nature of fee Fixed Processing Compensation Total
payable component component Fund
contribution
Application fee $175 $158 $55 $388
for grant of
licence
Application fee $35 $63 nil $98
for grant of
certificate of
registration
Application fee $175 $52 $55 $282
for renewal of
licence
Application fee $35 $32 nil $67
for renewal of
certificate of
registration
Application fee $241 $52 $55 $348
for restoration of
licence
Application fee $55 $32 nil $87
for restoration of
2005 No 240 Property, Stock and Business Agents Amendment (Fees and Contributions)
Regulation 2005
Schedule 1 Amendment
Column 1 Column 2 Column 3 Column 4 Column 5
Nature of fee Fixed Processing Compensation Total
payable component component Fund
contribution
Application fee nil $34 nil $34
for a
replacement
licence
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