Succession Regulation 2025 (NSW)
This regulation is the Succession Regulation 2025.
This regulation commences on the day on which this regulation is published on the NSW legislation website.
This regulation repeals and replaces the Succession Regulation 2020, which would otherwise be repealed on 1 September 2025 by the Subordinate Legislation Act 1989, section 10(2).
In this regulation—
The Act and the Interpretation Act 1987 contain definitions and other provisions that affect the interpretation and application of this regulation.
For the Act, section 51(3), the prescribed fee is 1.37 fee units.
The amount of a fee unit must be adjusted for inflation in accordance with Schedule 1.
The Succession Regulation 2020 is repealed.
An act, matter or thing that, immediately before the repeal of the Succession Regulation 2020, had effect under that regulation continues to have effect under this regulation.
section 4(2)
In this schedule—
In this regulation, a
(a) in the financial year 2025–2026—$118.39, and
(b) in each subsequent financial year—the amount calculated as follows—
where—
A is the CPI number for the December quarter in the financial year immediately preceding the financial year for which the amount is calculated.B is the CPI number for the December quarter of 2021.
The amount of a fee unit must be rounded to the nearest cent and an amount of 0.5 cent must be rounded down.
However, if the amount of a fee unit calculated for any financial year is less than the amount that applied for the previous financial year, then the amount for that previous financial year applies instead.
The amount of a fee calculated by reference to a fee unit must be rounded to the nearest dollar and an amount of 50 cents must be rounded down.
As soon as practicable after the CPI number for the December quarter is published by the Australian Bureau of Statistics, the Secretary of the Department of Communities and Justice must—
(a) notify the Parliamentary Counsel of the amount of the fee unit for the next financial year so notice of that amount can be published on the NSW legislation website, and
(b) give public notice on an appropriate government website of the actual amounts of the fees applying in each financial year resulting from the application of the amount of a fee unit calculated under this schedule.
This schedule operates to change an amount of a fee that is calculated by reference to a fee unit and that change is not dependent on the notification or other notice required by this section.
Succession Regulation 2025 (393). LW 8.8.2025. Date of commencement, on publication on LW, sec 2.
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