Valuers Amendment (Fees) Regulation 2007 (NSW)

2007 No 263

New South Wales

Valuers Amendment (Fees) Regulation

2007

under the

Valuers Act 2003

The Administrator, with the advice of the Executive Council, has made the following
Regulation under the Valuers Act 2003.

LINDA BURNEY, M.P., Minister for Fair Trading

Explanatory note
The object of this Regulation is to increase the fees payable under the Valuers Act 2003 in relation to the registration as a valuer, including the fee payable for the restoration of a cancelled registration. The fee increases are generally in line with movements in the Consumer Price Index.

This Regulation is made under the Valuers Act 2003, including sections 10 (Application to registration of Licensing and Registration (Uniform Procedures) Act 2002), 15 (Cancellation of registration) and 48 (the general regulation-making power).

Published in Gazette No 80 of 15 June 2007, page 3773	Page 1
2007 No 263
Clause 1	Valuers Amendment (Fees) Regulation 2007

Valuers Amendment (Fees) Regulation 2007

under the

Valuers Act 2003

1      Name of Regulation

This Regulation is the Valuers Amendment (Fees) Regulation 2007.

2      Commencement

This Regulation commences on 1 July 2007.

3 Amendment of Valuers Regulation 2005

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

2007 No 263

Valuers Amendment (Fees) Regulation 2007

Amendments	Schedule 1
Schedule 1	Amendments

(Clause 3)

[1]      Clause 8 Maximum fee: section 15 (4)

Omit “$700”. Insert instead “$722”.

[2]      Schedule 1

Omit the Schedule. Insert instead:

Schedule 1 Fees

(Clause 6)

Column 1	Column 2	Column 3	Column 4
Nature of fee payable	Fixed	Processing	Total
component	component
Application fee for 3 year	$554	$167	$721
registration as a valuer
Application fee for renewal of	$554	$55	$609
registration
Application fee for restoration of	$554	$110	$664
registration
Application fee for a replacement	Nil	$36	$36
of lost, damaged or destroyed certificate of registration

BY AUTHORITY