Electronic Conveyancing National Law (Queensland)
sec.40Registrar not responsible for additional services provided by ELNO or associated financial transactions
Start here
Get a plain-English read of sec.40
Turn the raw legal text into a practical explanation grounded in Electronic Conveyancing National Law (Queensland).
sec.40 Registrar not responsible for additional services provided by ELNO or associated financial transactions
The mere fact that an ELNO provides services that are additional to those provided by the ELN operated by that ELNO does not make the Registrar responsible for the regulation or operation of those additional services. The mere fact that the operating requirements include provisions relating to the following matters does not make the Registrar responsible for the regulation or conduct of associated financial transactions— data standards relating to those transactions, participation by an ELNO in a scheme for an industry code relating to those transactions and compliance by an ELNO with that code. s 40 amd 2022 No. 18 (NSW) sch 1 ss 17 – 18 (sec.40-ssec.1) The mere fact that an ELNO provides services that are additional to those provided by the ELN operated by that ELNO does not make the Registrar responsible for the regulation or operation of those additional services. (sec.40-ssec.2) The mere fact that the operating requirements include provisions relating to the following matters does not make the Registrar responsible for the regulation or conduct of associated financial transactions— data standards relating to those transactions, participation by an ELNO in a scheme for an industry code relating to those transactions and compliance by an ELNO with that code.
- (a) data standards relating to those transactions,
- (b) participation by an ELNO in a scheme for an industry code relating to those transactions and compliance by an ELNO with that code.