Record of Meeting National Electronic Conveyancing System (NECS) WA Industry Stakeholder Advisory Group (ISAG) Meeting (Meeting No: 17) Date: Venue: 15 April 2008 1st Floor Meeting Room 18 Mount Street Perth WA 6000 Attendees: John Clarey, David Clark, David Elson, Valerie Haskins, Stephen Johnston, Peter Lakos, Craig Mariano, Rachael Offer, Dave Parry, Bruce Roberts (Chair) and Sue Taylor. Apologies: Sharon Buchanan, Geoff Couper, Steve Fathers, Andrew Hamilton, Shane Jacob, Craig James, Chris Martin, Michael Parkinson, Amy Sullivan, John Syminton, Tracey Warren, Georgina van der Kuil and Jean Villani. 1. Housekeeping Matters There were no minutes from the previous meeting since it was an information session conducted by the NECS National Office on 13 November 2007. All earlier meeting notes can be found on the Landgate web-site at: http://www.landgate.wa.gov.au/Corporate.nsf/web/Electronic+Conveyancing 2. Update on the NECS National Forums CM discussed the recent newspaper articles on electronic conveyancing. At recent national forums, agreement has been reached to include Federal Government within the National Steering Committee. Subsequently, electronic conveyancing has now been included as an agenda item on COAG (Committee of Australian Governments) and SCAG (Standing Committee of Attorney Generals). CM indicated that a key area that is still being debated is whether there is a need for consistent as opposed to uniform legislation across Australia. Landgate are currently reviewing the legislation and are looking at changes that are required to support electronic land transactions as well as looking at underlying TLA (Transfer of Land Act) components such as liabilities. Landgate’s preference is to pursue consistency in legislation across Australia as well as driving towards national uniformity in functionality. A National Project Team (NPT) has been formed after an initial meeting in Canberra of Land Registry and Industry representatives. The NPT has a single representative from all principle stakeholder groups (incl: Law Society, AIC and Land Registries). VH requested an overview of how the different groups related to one another. CM provided a diagram at the meeting however the one below is the official one that has been provided by the NECS National Office (NECO). Another issue that has generated much comment relates to the use of the Victorian system (ECV) as the basis for NECS. Victoria is proposing an alternative model to the NBM that is based on the use of ECV, some other Jurisdictions have indicated their preference to a ‘green fields’ development. The details of the alternative model along with changes to the governance model are to be presented to the NSC by Victoria at the next meeting which is scheduled for May 2008. 3. Progress to Date Agreement has been reached at the national level at the formation of NECS Limited as a holding company for the electronic conveyancing application. Discussion is continuing on the composition of the Board for this company. It was also noted that the Victorian presentation to NSC may have an impact on the governance arrangements. The WA review of the legislation has commenced with a determination being made of what primary and subsidiary legislation will be effected by the proposed changes. Once this exercise has been scoped, work will commence on the drafting instructions. This includes extensive Industry consultation. Landgate is progressing with the business reforms that have been previously discussed at earlier ISAG meetings. Key areas of proposed change are: o Client Identity Verification (CIV) – looking at implementing a 100 point check for applications requesting replacements for lost titles. As previously discussed, the identity check will be undertaken by the Conveyancer. The 100 point check will be gradually introduced for other instruments. Q: A question was raised on whether a financial institute can confirm that a 100 point check has been carried out on a Client to the Conveyancer. CM indicated that he will place this item on the national agenda. However the issue was raised on who would be bearing the liability if the financial institutes are performing the check on another party’s behalf. CM indicated that a Customer Information Bulletin that addresses these questions / issues would be prepared and made available prior to the launch date (31 July 2008) of this process change. VH also raised the matter that this change (ie. Client identification) may have an impact on the Settlement Agent’s Act. CM indicated that Landgate will be reviewing the legislative impact prior to the implementation of any change. o Production of Supporting Evidence – the meeting discussed the potential issue with the Settlement Agent’s Act on who can sign off the sighting of evidence. Landgate in the past have undertaken this role of sighting evidence. Discussion indicated that there was a belief that a licensed Settlement Agent could sign off on this matter however this will also need to be confirmed within the legislative review. o Other Reforms – these included the introduction of On-line Forms, the use of NDIs (No Duplicate Issued) and other activities associated with Landgate iLand system changes. A question was raised in regards to a realistic schedule for NECS in order to allow for Industry to prepare and adjust for the amount of change that is being proposed. CM indicated that he believed that implementation of an electronic conveyancing application servicing WA is about 3 years away. 5. General Issues CM updated the meeting that earlier advice from NECO in response to settlement times and days of operation was not correct. There is a single WA working day that is a public holiday in the eastern capitals, no electronic WA settlements will available on this day. Additionally, it appears that NECS will have a limited number of daily settlement times. Probably limited to 2 a day with the last occurring before 1pm (WST). Details on this matter will be provided as it becomes available from NECO. These minutes have been reviewed by the committee and it has been agreed that they reflect a true record of the meeting of the NECS Steering Committee. ____________________________ Bruce Roberts Chair – Industry Stakeholder Advisory Group ___ / ___ / ___
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