Section 75 of the Public Finance Act 1989 provides for the Treasury to charge applicants a reasonable fee to cover costs incurred in connection with bona vacantia applications.
Before processing any application to deal with bona vacantia, the Treasury requires an undertaking from the applicant:
- that all reasonable fees and costs incurred in processing the application will be paid; and
- that the Treasury will be reimbursed for any advertising costs and other disbursements incurred in respect of the application.
Set out in the table below are the Treasury’s fees for common applications. Please note that the fees in the table below are indicative. Our fees may be higher on complex applications, or lower on straightforward applications. The Treasury reserves the right to change these fees at any time, and without providing public notice.
Type of Action Required
Extra Advertising Costs
|Discharge of Mortgage/Easement/Encumbrance||$400 (including GST)||Public notice in the Gazette and paper circulating in the companies place of business or registered office|
|Notices of Disclaimers and Vesting notices||$400 (including GST)||Public notice in the Gazette and paper circulating in the companies place of business or registered office|
|Memorandum of Consents/No Objection Letters||$200 (including GST)|