Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2007 (NSW)

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2007 No 259

New South Wales

Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2007

under the

Property, Stock and Business Agents Act 2002

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

LINDA BURNEY, 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 fee and contribution 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 (Application fees and Compensation Fund contributions) and 230 (the general regulation-making power).

Published in Gazette No 80 of 15 June 2007, page 3759 Page 1
2007 No 259 Property, Stock and Business Agents Amendment (Fees and Contributions)
Clause 1 Regulation 2007

Property, Stock and Business Agents Amendment

(Fees and Contributions) Regulation 2007

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 2007.

2      Commencement

This Regulation commences on 1 July 2007.

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) 2007 No 259
Regulation 2007
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 $185 $167 $58 $410
for grant of
licence
Application fee $37 $67 Nil $104
for grant of
certificate of
registration
Application fee $185 $55 $58 $298
for renewal of
licence
Application fee $37 $34 Nil $71
for renewal of
certificate of
registration
Application fee $185 $110 $58 $353
for restoration of
licence
Application fee $37 $46 Nil $83
for restoration of
2007 No 259 Property, Stock and Business Agents Amendment (Fees and Contributions)
Regulation 2007
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 $36 Nil $36
for a replacement
licence
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