144AFixing of fees etc for new services under relevant Acts

144A Fixing of fees etc for new services under relevant Acts

144A Fixing of fees etc for new services under relevant Acts

(1) A fee, charge or expense that is required or permitted to be prescribed by the regulations under a relevant Act or that is otherwise recoverable by the Registrar-General in the administration of a relevant Act is to be fixed by the Registrar-General (instead of being prescribed by regulations under the relevant Act) if it is recoverable for or in respect of a new titling and registry service.

(2) A new titling and registry service is a titling and registry service for which a fee was not prescribed by regulations under a relevant Act immediately before completion of the authorised asset transfer under the Land and Property Information NSW (Authorised Transaction) Act 2016.

(3) The regulations under a relevant Act may include provision for or with respect to limiting any increase in a fee, charge or expense fixed by the Registrar-General under this section.

(4) A fee, charge or expense fixed by the Registrar-General may be waived or refunded in circumstances determined by the Registrar-General.

(5) A provision of a relevant Act as to the circumstances or manner in which a fee, charge or expense is authorised or required to be prescribed by regulations under the Act extends to a fee, charge or expense fixed by the Registrar-General under this section.

(6) A reference in a relevant Act (however expressed) to a fee, charge or expense prescribed by the regulations includes a reference to a fee, charge or expense fixed by the Registrar-General under this section.

(7) In this section, relevant Act means each of the following Acts—

(a) this Act,

(b) the Conveyancing Act 1919,

(c) the Strata Schemes Development Act 2015,

(d) any other Act prescribed for the purposes of this section by the regulations under this Act.

s 144A: Ins 2010 No 46, Sch 10.1 [9]. Rep 2011 No 7, Sch 1 [8]. Ins 2016 No 46, Sch 4.4 [57].