Annual fee and return
5 Annual fee and return
For the purposes of section 8(2) of the Act, a registered conveyancer must pay the fee and lodge the return on or before—
the last day of the month in each year nominated in writing to the conveyancer by the Commissioner; or
if the Commissioner does not nominate a month—the last day of the month in each year that is the same month as the month in which the conveyancer's registration was granted.
A conveyancer must, on or before the date for lodging an annual return, provide the Commissioner with evidence to the Commissioner's satisfaction that the conveyancer—
is, or will be, insured to the extent required by these regulations on that date; or
will not, for the 12 month period following that date, be required under these regulations to be insured. Maximum penalty: Maximum penalty: $2 500.
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