Valuers Amendment (Fees) Regulation 2005 (NSW)

2005 No 848

New South Wales

Valuers Amendment (Fees) Regulation

2005

under the

Valuers Act 2003

Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Valuers Act 2003.

DIANE BEAMER, M.P., Minister for Fair Trading

Explanatory note
Valuers Act 2003 vary restoration application fees for authorities, licences or certificates issued under Acts administered by the Minister for Fair Trading. The overall purpose of these Regulations is to promote consistency in the method used to calculate these fees. In line with this overall purpose, the amendments in this Regulation ensure that:
The object of this Regulation is to vary the application fee payable under the
for restoration of registration as a valuer.

(a)	the processing component of the application fee for restoration of registration as a valuer is double the processing component of the application fee for renewal of registration as a valuer, and
(b)	the fixed component of the application fee for the restoration of registration as a valuer is the same as the fixed component of the application fee for renewal of registration as a valuer, and
(c)	the application fee for the restoration of registration as a valuer is higher than the renewal application fee but lower than the application fee for registration as a valuer.

This Regulation is made under the Valuers Act 2003, including sections 10 and 48 (the general regulation-making power).

Published in Gazette No 157 of 16 December 2005, page 10989	Page 1
2005 No 848
Clause 1	Valuers Amendment (Fees) Regulation 2005

Valuers Amendment (Fees) Regulation 2005

under the

Valuers Act 2003

1      Name of Regulation

This Regulation is the Valuers Amendment (Fees) Regulation 2005.

2      Commencement

This Regulation commences on 16 January 2006.

3 Amendment of Valuers Regulation 2005

The Valuers Regulation 2005 is amended as set out in Schedule 1.

2005 No 848

Valuers Amendment (Fees) Regulation 2005

Amendment	Schedule 1
Schedule 1	Amendment

(Clause 3)

Schedule 1

Omit the Schedule. Insert instead:

Schedule 1 Fees

(Clause 6)

Column 1	Column 2	Column 3	Column 4
Fixed	Processing
Nature of fee payable	component	component	Total
Application fee for 3 year	$525	$158	$683
registration as a valuer
Application fee for renewal of	$525	$52	$577
registration
Application fee for restoration	$525	$104	$629
of registration
Application fee for a	—	$34	$34
replacement of lost, damaged or destroyed certificate of registration

BY AUTHORITY