On Apr. 29, 2025, AST ACT PRL published Electronic conveyancing national law (ACT) operating requirements 2025, revoking the previous requirements issued in 2024.
In addition, AST WA PRL issued an explanatory statement re the same subject.
Introduces fee charging model for ELNO interoperability including responsible ELNO fee and default responsible ELNO surcharge; in addition, the operating requirements set national electronic data interoperability standards for future ELNO interoperability.
Requires ELNOs to be members of Industry code for e-conveyancing payments prepared by Australian Payments Network Limited; introduces new reporting requirements for ELNOs, including requirements for renewal of approval to operate.
The instrument is effective from May 28, 2025.
On Sep. 19, AST ARNECC drafted model operating requirement v7.01.
AST ARNECC drafted the model operating requirements (MOR) version 7.01.
In addition, it published a marked-up version highlighting the proposed amendments.
Aimed at obtaining stakeholder feedback prior to MOR version 7.1 taking effect.
Concerns interoperability fees and compliance with the electronic conveyancing payments industry code, which includes additions of definitions related to the code.
Such as default responsible electronic lodgment network operator (referred to as an ELNO) surcharge, responsible ELNO fee, interoperability fees and its pricing table.
Amend ELNO service fees, interoperability fees, data standards, compliance monitoring and reporting, reporting requirements, and interoperability agreement matters.
Consultation End
AST ARNECC welcomes stakeholder feedback; consultation end date is not specified.
Feb. 2025 MOR Version 7.1
On Feb. 28, 2025, AST ARNECC published the Model operating requirements version 7.1, which finalizes the proposed amendments of the drafted MOR version 7.01 above.
Mar. 2025 AST NSW RG Comments
On Mar. 31, 2025, AST NSW RG reminded AST ARNECC published MOR version 7.1.
AST NSW RG also said the NSW operating requirements version 7.1 (adopting the model version) will take effect on and from May 9, 2025; highlighted key changes.
AST ARNECC will review and issue updated guidance notes on AST ARNECC website in order to reflect the new changes and assist ELNOs to understand their obligations.
Document dated Mar. 31, 2025, received from AST NSW RG Apr. 1, summarized Apr. 3.
Apr. 11, 2025 AST WA PRL Operating Requirements
On Apr. 11, 2025, AST WA PRL gazetted notice on new operating requirements version.
Determined WA operating requirements version 7.1 will come into effect May 9, 2025.
Apr. 29, 2025 AST ACT PRL Requirements
On Apr. 29, 2025, AST ACT PRL published Electronic conveyancing national law (ACT) operating requirements 2025, revoking the previous requirements issued in 2024.
In addition, AST WA PRL issued an explanatory statement re the same subject.
Introduces fee charging model for ELNO interoperability including responsible ELNO fee and default responsible ELNO surcharge; in addition, the operating requirements set national electronic data interoperability standards for future ELNO interoperability.
Requires ELNOs to be members of Industry code for e-conveyancing payments prepared by Australian Payments Network Limited; introduces new reporting requirements for ELNOs, including requirements for renewal of approval to operate.
