Valuers Amendment (Fees) Regulation 2011 (NSW)
2011 No 219
New South Wales
Valuers Amendment (Fees) Regulation
2011
under the
Valuers Act 2003
The Administrator, with the advice of the Executive Council, has made the following
Regulation under the Valuers Act 2003.
ANTHONY ROBERTS, MP
Minister for Fair Trading
Explanatory note
The object of this Regulation is to amend the Valuers Regulation 2010 to increase the fees payable under the Valuers Act 2003 in relation to the registration of a valuer. The fee increases are generally in line with movements in the Consumer Price Index (rounded to the nearest dollar).
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 LW 2 May 2011 | Page 1 |
| 2011 No 219 | |
| Clause 1 | Valuers Amendment (Fees) Regulation 2011 |
Valuers Amendment (Fees) Regulation 2011
under the
Valuers Act 2003
1 Name of Regulation
This Regulation is the Valuers Amendment (Fees) Regulation 2011.
2 Commencement
This Regulation commences on 1 July 2011 and is required to be published on the NSW legislation website.
2011 No 219
Valuers Amendment (Fees) Regulation 2011
| Amendment of Valuers Regulation 2010 | Schedule 1 |
| Schedule 1 | Amendment of Valuers Regulation 2010 |
[1] Clause 6
Omit the clause. Insert instead:
6 Fees
(1) The applications for which fees are payable under section 10 (4)
of the Act are set out in Column 1 of Schedule 3.(2) The amount of each application fee is calculated by adding together the various components set out in Columns 2 and 3 of Schedule 3 in relation to that fee, the total fee being as set out in Column 4 of that Schedule. (3) An amount specified in relation to an application fee in Column 3 of Schedule 3 under the heading “Processing component” is taken to be a fee to cover the costs incurred by the Director-General in processing the application. Note. This amount is consequently a processing fee for the purposes of Part 3 of the Licensing and Registration (Uniform Procedures) Act 2002.
[2] Clause 9 Maximum fee
Omit “$784”. Insert instead “$803”.
[3] Schedule 3
Insert after Schedule 2:
Schedule 3 Fees
(Clause 6)
Column 1 Column 2 Column 3 Column 4 Nature of fee payable Fixed Processing Total fee component component Application fee for 3 year registration $615 $185 $800 as a valuer Application fee for renewal of $615 $60 $675 registration Application fee for restoration of $615 $123 $738 cancelled registration Application fee for a replacement of Nil $40 $40 lost, damaged or destroyed certificate
of registration
0
0
0