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ELECTRONIC CONVEYANCING (ADOPTION OF NATIONAL LAW) BILL 2013 BILL 49 OF 2013

      Electronic Conveyancing (Adoption of National Law) Bill 2013 
                                            FACT SHEET 
The  Bill  adopts  the  Electronic  Conveyancing  National  Law  (the  national  law)  as  a  law  of 
Tasmania.  Under an Intergovernmental Agreement the content of the national law has been 
agreed  by  all  of  the  participating  jurisdictions  (all  except  ACT  which  is  not  a  party  to  the 
agreement) and, now the national law has been enacted in New South Wales it will either be 
adopted or corresponding legislation will be passed in the other participating jurisdictions.  
The introduction of a new single national electronic system for the settling of real property 
transactions  in  all  Australian  States  and  Territories  is  a  Council  of  Australian  Governments 
initiative.    This  single  national  electronic  conveyancing  facility  would  provide  a  convenient 
electronic  way  for  legal  practitioners,  conveyancers,  financial  institutions  and  mortgage 
processors to: 
 prepare  dealings  and  related  instruments  to  register  changes  in  land  ownership  and 
 interests; 
 settle financial transactions, including the ability to pay disbursements, duties, and tax; 
 comply with State or Territory Revenue Office requirements; and 
 receive confirmation of the lodgement of dealings and instruments.   

The national law makes possible the implementation of national electronic conveyancing in 
Australia and, in particular, will: 
 authorise the Registrar General or Recorder of Titles to: 
    o receive electronic documents by electronic lodgement; and 
    o register electronically those documents,  
    with the same effect as receiving and registering paper documents;   
 empower the Registrar General or Recorder of Titles to:  
    o operate  or  to  authorise  one  or  more  persons  to  operate  an  Electronic  Lodgement 
      Network;  
    o set conditions for access to and use of an Electronic Lodgement Network; 
    o conduct  an  examination  of  compliance  with  any  conditions  for  access  and  use  of  an 
      Electronic Lodgement Network and provide that the Registrar General or Recorder of 
      Titles  has  no  liability  either  as  a  result  of  the  conduct  or  failure  to  conduct  an 
      examination of compliance provided the Registrar General or Recorder of Titles acts in 
      good faith; 
 provide  that  by  entering  into  an  approved  form  of  Client  Authorisation,  a  person  may 
 authorise a conveyancing professional to:  
    o digitally sign electronic documents on that person's behalf;  
    o lodge electronic documents with the Registrar General or Recorder of Titles; 
    o authorise any financial settlement involved in the transaction; and 
    o do anything else necessary to complete the transaction electronically, 
    and that a Client Authorisation agreement is different to a power of attorney.  
 

 


 

 


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