Settlement Agents Amendment Regulations (No. 2) 2007 (WA)

29 June 2007 GOVERNMENT GAZETTE, WA 3187

CE303*

Settlement Agents Act 1981

Settlement Agents Amendment Regulations

(No. 2) 2007

Made by the Lieutenant-Governor and deputy of the Governor in
Executive Council.

1.            Citation

Gazette 6 February 2007.]

These regulations are the Settlement Agents Amendment
Regulations (No. 2) 2007.

2.            Commencement

These regulations come into operation as follows:

(a)	regulations 1 and 2— on the day on which these regulations are published in the Gazette;
(b)	the rest of the regulations — on 1 July 2007.

3.            The regulations amended

The amendments in these regulations are to the Settlement
Agents Regulations 1982*.

[* Reprint 3 as at 18 March 2005.

For amendments to 25 May 2007 see Western Australian
Legislation Information Tables for 2006, Table 4, and

3188 GOVERNMENT GAZETTE, WA 29 June 2007

4.            Regulation 6 amended

(1) Regulation 6(1) is repealed and the following subregulation is
inserted instead —

44

(1) The prescribed examinations for the purposes of
Schedule 1 clause 1(1)(a) are the examinations which
are required by a public training provider or a
registered training provider to be passed to complete —

(a)	a Diploma of Financial Services (Conveyancing); and
(b)	the following units —

(i)	FNSCONV601A: Obtain and analyse information;
(ii)	FNSCONV603A: Negotiate to achieve goals and manage disputes.

(2) After regulation 6(2) the following subregulation is inserted -

44

(2a) Despite subregulations (1) and (2), until

30 June 2009 —

(a)	a person who has passed the examinations prescribed under subregulation (1) as in force immediately before the coming into operation of the Settlement Agents Amendment Regulations (No. 2) 2007 is, subject to the Act, qualified for the grant of a real estate settlement agent's licence; and
(b)	a person who has passed the examinations prescribed under subregulation (1) as in force immediately before the coming into operation of the Settlement Agents Amendment

Regulations (No. 2) 2007 and the examinations

referred to in subregulation (2)(b) is, subject to
the Act, qualified for the grant of a business
settlement agent's licence.

By Command of the Lieutenant-Governor

and deputy of the Governor,

G. M. PIKE, Clerk of the Executive Council.