Registration of Interests in Goods Act 1986 Registration of Interests in Goods Amendment (Penalty Notices) Regulation 2002 (2002-433) [GG No 106 of 28.6.2002, p 4791] (NSW)

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2002 No 433

New South Wales

Registration of Interests in Goods

Amendment (Penalty Notices)

Regulation 2002

under the

Registration of Interests in Goods Act 1986

Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Registration of Interests in Goods Act 1986.

JOHN AQUILINA, M.P., Minister for Fair Trading

Explanatory note

The objects of this Regulation are:

(a)

to impose fees for registrations of interests in goods, and transfers of interests in goods, made by e-mail, and

(b)

to enable penalty notices to be issued for the offence of failing to cancel a registration of an interest in goods within the required time after it ceases to be registrable.

This Regulation is made under the Registration of Interests in Goods Act 1986, including section 5, section 19A and section 21 (the general regulation-making power).

Published in Gazette No 106 of 28 June 2002, page 4791

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[4]

2002 No 433

Clause 1

Registration of Interests in Goods Amendment (Penalty Notices)

Regulation 2002

Registration of Interests in Goods Amendment

(Penalty Notices) Regulation 2002

1     Name of Regulation

This Regulation is the Registration of Interests in Goods Amendment

(Penalty Notices) Regulation 2002.

2 Commencement

This Regulation commences on 1 July 2002.

3 Amendment of Registration of Interests in Goods Regulation 1999

The Registration of Interests in Goods Regulation 1999 is amended as set out in Schedule 1.

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2002 No 433

Registration of Interests in Goods Amendment (Penalty Notices)

Regulation 2002

Amendment

Schedule 1

Schedule 1

Amendment

(Clause 3)

[1]     Clause 15 Variation of recorded information

Insert after clause 15 (1) (b):

(b1) if the application is made by using e-mail facilities—$8.50 for each interest specified in the application, or

[2]     Clause 17 Prescribed registration fees

Insert after clause 17 (b):

(b1) if the application is made by using e-mail facilities—$8.50 for each interest specified in the application, or

[3]     Clause 18 Fees for recording other prescribed information relating to boats

Insert after clause 18 (1) (b):

(b1) if the application is made by using e-mail facilities—$8.50 for each interest specified in the application, or

[4]     Clause 33 and Schedule 1

Insert after clause 32:

33     Prescribed penalty notice offences and penalties

For the purposes of section 19A of the Act:

(a)

an offence under a provision of the Act specified in Column 1 of Schedule 2 is a prescribed offence, and

(b)

the amount specified in Column 2 in respect of such an offence is the prescribed amount of penalty for the offence.

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2002 No 433

Registration of Interests in Goods Amendment (Penalty Notices)

Regulation 2002

Schedule 1

Amendment

Schedule 1

Penalty notices

(Clause 33)

Column 1

Column 2

Provision

Penalty

Offences under Registration of Interests in

Goods Act 1986

Section 17 (2)

$220

BY AUTHORITY

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