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—
(a) has surrendered or requested the cancellation of the licence or certificate, or
(b) if the fee was paid by or on behalf of an individual—has died.
(2) A person may apply to the Secretary for a refund of the application fee if the person—
(a) paid the application fee, or
(b) is applying for or on behalf of the person who paid the application fee, or
(c) is the legal representative of a deceased individual who paid the application fee.
(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.
(4) A person who makes an application under subsection (2) is—
(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
(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.
(5) In this section—
application fee means the following—
(a) an application fee for the grant of a class 1 licence, class 2 licence or corporation licence,
(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,
(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.
fixed component, of an application fee, is the amount set out in Schedule 14, Part 1, Column 2 in relation to the fee.