Succession Regulation 2020 (2020-477) (NSW)

Succession Regulation 2020

1 Name of Regulation This Regulation is the Succession Regulation 2020.

2 Commencement This Regulation commences on the day on which it is published on the NSW legislation website.

Note— This Regulation repeals and replaces the Succession Regulation 2015, which would otherwise be repealed on 1 September 2020 by section 10(2) of the Subordinate Legislation Act 1989.

3 Definitions (1) In this Regulation— fee unit—see section 5(1). the Act means the Succession Act 2006.

Note— The Act and the Interpretation Act 1987 contain definitions and other provisions that affect the interpretation and application of this Regulation. (2) Notes included in this Regulation do not form part of this Regulation.

4 Fee for deposit of a will—the Act, s 51 (1) For the Act, section 51(3), the prescribed fee is 1.37 fee units. (2) The prescribed fee is to be adjusted for inflation in accordance with Schedule 1.

5 (Repealed)

6 Repeal and savings (1) The Succession Regulation 2015 is repealed. (2) Any act, matter or thing that, immediately before the repeal of the Succession Regulation 2015, had effect under that Regulation continues to have effect under this Regulation.

Schedule 1 Adjustment of prescribed fee for inflation section 4

1 Definitions In this Schedule— CPI number means the Consumer Price Index (All Groups Index) for Sydney published by the Australian Bureau of Statistics in the latest published series of that index. financial year means a period of 12 months commencing on 1 July. Secretary means the Secretary of the Department of Communities and Justice.

2 Calculation of fee unit for Regulation (1) In this Regulation, a fee unit is— (a) in the financial year 2022–2023—$103.05, and (b) in each subsequent financial year—the amount calculated as follows—