Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2006 (NSW)

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2006 No 323

New South Wales

Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2006

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.

DIANE BEAMER, M.P., 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 increases are generally in line with movements in the Consumer Price Index.

This Regulation is made under the Property, Stock and Business Agents Act 2002, including sections 17A and 230 (the general regulation-making power).

Published in Gazette No 82 of 23 June 2006, page 4644 Page 1
2006 No 323 Property, Stock and Business Agents Amendment (Fees and Contributions)
Clause 1 Regulation 2006

Property, Stock and Business Agents Amendment

(Fees and Contributions) Regulation 2006

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 2006.

2      Commencement

This Regulation commences on 1 July 2006.

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) 2006 No 323
Regulation 2006
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 for $179 $162 $56 $397
grant of licence
Application fee for $36 $65 Nil $101
grant of certificate
of registration
Application fee for $179 $53 $56 $288
renewal of licence
Application fee for $36 $33 Nil $69
renewal of
certificate of
registration
Application fee for $179 $107 $56 $342
restoration of
licence
Application fee for $36 $45 Nil $81
restoration of
2006 No 323 Property, Stock and Business Agents Amendment (Fees and Contributions)
Regulation 2006
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 for Nil $35 Nil $35
a replacement
licence
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