Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2008 (NSW)

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2008 No 249

New South Wales

Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2008

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.

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 sections 17A (Application fees and Compensation Fund contributions) and 230 (the general regulation-making power).

Price Index.

Published in Gazette No 76 of 27 June 2008, page 6259 Page 1
2008 No 249 Property, Stock and Business Agents Amendment (Fees and Contributions)
Clause 1 Regulation 2008

Property, Stock and Business Agents Amendment

(Fees and Contributions) Regulation 2008

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 2008.

2      Commencement

This Regulation commences on 1 July 2008.

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) 2008 No 249
Regulation 2008
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 $189 $171 $59 $419
grant of licence
Application fee for $38 $69 Nil $107
grant of certificate
of registration
Application fee for $189 $56 $59 $304
renewal of licence
Application fee for $38 $35 Nil $73
renewal of
certificate of
registration
Application fee for $189 $113 $59 $361
restoration of
licence
Application fee for $38 $47 Nil $85
restoration of
2008 No 249 Property, Stock and Business Agents Amendment (Fees and Contributions)
Regulation 2008
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 $37 Nil $37
a replacement
licence
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