Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2012 (NSW)
2012 No 184
New South Wales
Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2012
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.
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 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).
Price Index (rounded to the nearest dollar).
| Published LW 11 May 2012 | Page 1 |
| 2012 No 184 | Property, Stock and Business Agents Amendment (Fees and Contributions) |
| Clause 1 | Regulation 2012 |
Property, Stock and Business Agents Amendment
(Fees and Contributions) Regulation 2012
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 2012.
2 Commencement
This Regulation commences on 1 July 2012 and is required to be published on the NSW legislation website.
| Property, Stock and Business Agents Amendment (Fees and Contributions) | 2012 No 184 |
| Regulation 2012 | |
| 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 $212 $191 $65 $468 grant of licence Application fee for $42 $78 Nil $120 grant of certificate
of registrationApplication fee for $212 $62 $65 $339 renewal of licence Application fee for $42 $39 Nil $81 renewal of
certificate of
registrationApplication fee for $212 $127 $65 $404 restoration of
licenceApplication fee for $42 $53 Nil $95 restoration of certificate of registration
Application fee for Nil $62 Nil $62 accreditation as an
auctioneer under
section 21 of the
Act
| 2012 No 184 | Property, Stock and Business Agents Amendment (Fees and Contributions) Regulation 2012 |
| 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