NSWIn ForceRegulation
Property and Stock Agents Regulation 2022
63Partial refund of application fees for certain licences and certificates—the Act, s 230
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#### 63 Partial refund of application fees for certain licences and certificates—the Act, s 230
63 Partial refund of application fees for certain licences and certificates—the Act, s 230
> > (1) This section applies to an application fee for a licence or a transitional assistant stock and station agent certificate with a term of 3 or 5 years, paid by or on behalf of a person who—
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> > > (a) has surrendered or requested the cancellation of the licence or certificate, or
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> > > (b) if the fee was paid by or on behalf of an individual—has died.
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> > (2) A person may apply to the Secretary for a refund of the application fee if the person—
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> > > (a) paid the application fee, or
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> > > (b) is applying for or on behalf of the person who paid the application fee, or
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> > > (c) is the legal representative of a deceased individual who paid the application fee.
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> > (3) A person is not entitled to make an application under this section if the licence or certificate was surrendered or cancelled as a result of disciplinary or enforcement action.
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> > (4) A person who makes an application under subsection (2) is—
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> > > (a) for a licence or certificate with a term of 3 years—entitled to a refund of one-third of the fixed component of the application fee paid for each complete year remaining for the licence or certificate, or
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> > > (b) for a licence or certificate with a term of 5 years—entitled to a refund of one-fifth of the fixed component of the application fee paid for each complete year remaining for the licence or certificate.
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> > (5) In this section—
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> > application fee means the following—
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> > > (a) an application fee for the grant of a class 1 licence, class 2 licence or corporation licence,
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> > > (b) an application fee for the renewal of a class 1 licence, class 2 licence, corporation licence or a transitional assistant stock and station agent certificate,
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> > > (c) an application fee for the restoration of a class 1 licence, class 2 licence, corporation licence or a transitional assistant stock and station agent certificate.
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> > fixed component, of an application fee, is the amount set out in Schedule 14, Part 1, Column 2 in relation to the fee.