Registration of Interests in Goods Amendment (Fees) Regulation 2007 (NSW)
2007 No 266
New South Wales
Registration of Interests in Goods
Amendment (Fees) Regulation 2007
under the
Registration of Interests in Goods Act 1986
His Excellency the Lieutenant-Governor, with the advice of the Executive Council, has made the following Regulation under the Registration of Interests in Goods Act 1986.
LINDA BURNEY, M.P., Minister for Fair Trading
Explanatory note
The objects of this Regulation are as follows:
| (a) | to increase certain fees payable under the Registration of Interests in Goods Act 1986, | |||||
| (b) | to remove the following fees: | |||||
| ||||||
| (c) | to replace the current fee structure for the transferring of registrable interests between account customers with a flat fee of $200. At present, there is a basic fee of $25 for each transfer application, plus $4.70 for each interest transferred, | |||||
| (d) | to replace the various fees charged for the installation of, and providing assistance with respect to, the REVS on-line computer software package with a simplified fee structure for on-site service assistance. |
Most of the fee increases are generally in line with movements in the Consumer Price Index section 21 (the general regulation-making power) and, in particular, section 21 (1) (a).
since the last increases.
| Published in Gazette No 81 of 22 June 2007, page 3806 | Page 1 |
| 2007 No 266 | |
| Clause 1 | Registration of Interests in Goods Amendment (Fees) Regulation 2007 |
Registration of Interests in Goods Amendment (Fees)
Regulation 2007
under the
Registration of Interests in Goods Act 1986
1 Name of Regulation
This Regulation is the Registration of Interests in Goods Amendment
(Fees) Regulation 2007.
2 Commencement
This Regulation commences on 1 July 2007.
3 Amendment of Registration of Interests in Goods Regulation 2004
The Registration of Interests in Goods Regulation 2004 is amended as set out in Schedule 1.
2007 No 266
Registration of Interests in Goods Amendment (Fees) Regulation 2007
| Amendment | Schedule 1 |
| Schedule 1 | Amendment |
(Clause 3)
Schedule 2
Omit the Schedule. Insert instead:
Schedule 2 Fees
(Clause 31 (1))
Item Type of fee Amount $ Registration 1
The prescribed fee for the purposes of section 5 (1A) (c) of the Act for each interest in respect of which an application is made:
(a) if the application is made by on-line connection, or 8.10 (b) if the application is made by approved email 10.30 transfer, or (c) if the application is made in any other way. 24.90 Recording prescribed information about boats
2 The fee for each interest in respect of which an application is made by a creditor for a recording of prescribed information in relation to a boat that does not have a prime identifier as referred to in section 5 (3) of the Act:
(a) if the application is made by on-line connection, or 8.10 (b) if the application is made by approved email 10.30 transfer, or
(c) if the application is made in any other way. 24.90 Varying recorded information
3 The prescribed fee for the purposes of section 6 (2) of the Act for each interest in respect of which an application is made:
(a) if the application is made by on-line connection, or 5.10 (b) if the application is made by approved email 5.60 transfer, or
(c) if the application is made in any other way. 10.85
2007 No 266
Registration of Interests in Goods Amendment (Fees) Regulation 2007
| Schedule 1 | Amendment |
Item Type of fee Amount $ 4 The prescribed fee for the purposes of section 6 (6) (b) of 7.05 the Act for each interest notified under section 6 (6) (a) of
the Act (payable by the person notified).Provision of certificates 5
The prescribed fee for the purposes of section 8 (6) of the Act for each item in respect of which an application is made by an account customer for issuing a certificate under
section 8 (1) of the Act in the form of a statement of
account:
(a) if the application is made by on-line connection, or 5.10 (b) if the application is made other than by on-line 7.60 connection. 6 The prescribed fee for the purposes of section 8 (6) of the Act for each item in respect of which an application is made by an account customer for issuing a certificate under
section 8 (1) of the Act other than in the form of a statement
of account:
(a) if the application is made by on-line connection and 9.50
the certificate is delivered electronically, or
(b) if the application is made by on-line connection and 10.85 the certificate is delivered other than electronically,
or(c) if the application is made other than by on-line 10.85 connection and the certificate is delivered
electronically, or(d) if the application is made other than by on-line 13.00 connection and the certificate is delivered other than
electronically.7 The prescribed fee for the purposes of section 8 (6) of the Act for each certificate in respect of which an application is made by a person other than an account customer under
section 8 (1) of the Act:
(a) for the first copy of a certificate, or 13.00
(b) for a facsimile copy of a certificate for which the Nil person has paid a fee.
8 The prescribed fee for the purposes of section 8 (6) of the 162.00 Act for each application to issue a certificate under section
8 (5) of the Act.
2007 No 266
Registration of Interests in Goods Amendment (Fees) Regulation 2007
| Amendment | Schedule 1 |
Item Type of fee Amount $ Applying to become an account customer 9 The fee for each application for approval to become an 29.80 account customer. Registrable interest inquiries 10 The fee for each application by an account customer for a 16.25 listing of interests in that customer’s name made by on-line
connection.11 The fee for each application by an account customer for a 32.50 listing in the form of a computer disk or email of interests
in that customer’s name made other than by on-line
connection.12
The fee for an application by an account customer for a listing in the form of a written document of interests in that customer’s name made other than by on-line connection:
(a) for each application, and 32.50 (b) for each page of the list. 0.55 13 The fee for each interest in respect of which an application is made by an account customer to search the register using only creditors’ reference number:
(a) if the search is made by way of on-line connection, 5.10 or
(b) if the search is made in any other way. 7.60 Provision of duplicate statements
14 The fee for each application by an account customer for a 5.40 duplicate statement of account to be provided by on-line
connection.15 The fee for each application by an account customer for a 16.25 duplicate statement of account to be provided other than by
on-line connection.If the duplicate statement of account is supplied by way of 0.55 a written document, for each page Transferring registrable interests 16 The fee for an application by an account customer to 200.00 transfer interests registered in the name of one account
customer into the name of another.
| 2007 No 266 | Registration of Interests in Goods Amendment (Fees) Regulation 2007 |
| Schedule 1 | Amendment |
Item Type of fee Amount $ On-site service visits 17 For on-site service assistance:
(a) for each site visit, and 85.00 (b) for each hour (or part hour) of the assistance. 85.00 Training
18 The fee for each person to whom training in relation to the operation of the register is to be provided:
(a) for each full working day of training, and 130.00 (b) for each half working day of training. 65.00
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