New South Wales Consolidated Regulations

PROPERTY AND STOCK AGENTS REGULATION 2022 - REG 63

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.