NSWIn ForceRegulation
Property and Stock Agents Regulation 2022
61ACompensation Fund contributions
Start here
Get a plain-English read of 61A
Turn the raw legal text into a practical explanation grounded in Property and Stock Agents Regulation 2022.
#### 61A Compensation Fund contributions
61A Compensation Fund contributions
> For the Act, section 168, the contributions required are as follows—
>
> > (a) for the holder of a class 1 licence—
> >
> > > (i) for a payment covering 1 year—0.72 fee units, or
> >
> > > (ii) for a payment covering 3 years—2.16 fee units, or
> >
> > > (iii) for a payment covering 5 years—3.60 fee units, or
> >
> > > (iv) for a payment covering any other period—0.72 fee units multiplied by the number of days for which the licence is to have effect and divided by 365,
>
> > (b) for the holder of a class 2 licence—
> >
> > > (i) for a payment covering 1 year—0.36 fee units, or
> >
> > > (ii) for a payment covering 3 years—1.08 fee units, or
> >
> > > (iii) for a payment covering 5 years—1.80 fee units, or
> >
> > > (iv) for a payment covering any other period—0.36 fee units multiplied by the number of days for which the licence is to have effect and divided by 365,
>
> > (c) for the holder of a corporation licence—
> >
> > > (i) for a payment covering 1 year—1.44 fee units, or
> >
> > > (ii) for a payment covering 3 years—3.24 fee units, or
> >
> > > (iii) for a payment covering 5 years—5.40 fee units.
>
> **s 61A:** Ins 2025 (275), Sch 3\[3\].