Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2011 (NSW)
2011 No 217
New South Wales
Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2011
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.
ANTHONY ROBERTS, MP
Minister for Fair Trading
Explanatory note
The object of this Regulation is to amend the Property, Stock and Business Agents Regulation 2003 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 (rounded to the nearest dollar).
This Regulation is made under the Property, Stock and Business Agents Act 2002, including sections 17 (Application to licences of Licensing and Registration (Uniform Procedures) Act 2002), 17A (Application fees and Compensation Fund contributions) and 230 (the general regulation-making power).
| Published LW 2 May 2011 | Page 1 |
| 2011 No 217 | Property, Stock and Business Agents Amendment (Fees and Contributions) |
| Clause 1 | Regulation 2011 |
Property, Stock and Business Agents Amendment
(Fees and Contributions) Regulation 2011
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 2011.
2 Commencement
This Regulation commences on 1 July 2011 and is required to be published on the NSW legislation website.
| Property, Stock and Business Agents Amendment (Fees and Contributions) | 2011 No 217 |
| Regulation 2011 | |
| Amendment of Property, Stock and Business Agents Regulation 2003 | Schedule 1 |
| Schedule 1 | Amendment of Property, Stock and Business Agents Regulation 2003 |
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
contributionApplication fee for $205 $185 $63 $453 grant of licence Application fee for $41 $76 Nil $117 grant of certificate of
registrationApplication fee for $205 $60 $63 $328 renewal of licence Application fee for $41 $38 Nil $79 renewal of certificate
of registrationApplication fee for $205 $123 $63 $391 restoration of licence Application fee for $41 $51 Nil $92 restoration of certificate of registration
| 2011 No 217 | Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2011 |
| Schedule 1 | Amendment of Property, Stock and Business Agents Regulation 2003 |
Column 1 Column 2 Column 3 Column 4 Column 5 Nature of fee Fixed Processing Compensation Total payable component component Fund
contribution
0
0
0