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REAL PROPERTY ACT 1900 - SECT 144A Fixing of fees etc for new services under relevant Acts

REAL PROPERTY ACT 1900 - SECT 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.