Costs disclosure
47 Costs disclosure
A licensee must, in accordance with this section, disclose to a client the costs of the conveyancing work that the licensee is to carry out for the client.
- 120 penalty units.
A licensee must give the disclosure referred to in subsection (1)—
before or at the time the licensee is retained by the client; or
if it is not reasonably practicable to make the disclosure at that time, as soon as practicable after being retained by the client.
A disclosure under subsection (1) must contain the following information—
if the amount of the costs is known, that amount;
if the amount of the costs is not known, the basis for their calculation;
the manner in which the client will be invoiced;
the following avenues that are open to the client in the event of a dispute in relation to costs—
S. 47(3)(d)(i) amended by No. 21/2012 s. 239(Sch. 6 item 10.4).
making a complaint to the Director under Part 6.2 of the Australian Consumer Law and Fair Trading Act 2012;
S. 47(3)(d)(ii) amended by No. 21/2012 s. 239(Sch. 6 item 10.5).
making an application to VCAT under Chapter 7 of the Australian Consumer Law and Fair Trading Act 2012;
any other prescribed information.
A client of a licensee is not required to pay the licensee's costs if—
the licensee does not make a disclosure to the client in accordance with this section; and
section 48 does not apply.
This provision refers to the regulations (prescribed information
). Made under this Act:
- Conveyancers (Fees) Regulations 2018 · under section 188
- Conveyancers (Professional Conduct) Regulations 2018 · under section 188
- Conveyancers (Qualifications and Experience) Regulations 2018 · under section 188
1 more instrument made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory memorandumSecond reading speech
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