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Draft Report—Interoperability pricing for Electronic Lodgment Network Operators

The Law Council of Australia provided a submission to the Independent Pricing and Regulatory Tribunal (IPART) in response to the Draft Report—Interoperability pricing for Electronic Lodgment Network Operators (Draft Report). 

The Law Council generally supports the 11 draft recommendations set out in the Draft Report.

The Law Council is pleased to note that IPART has determined an interoperability fee that nominally reflects only the marginal costs that are unique to the Responsible Electronic Lodgment Network Operator (ELNO) that completes the lodging and financial settlement, and recognises that overheads and variable costs associated with provisioning an ELNO in compliance with Australian Registrars' National Electronic Conveyancing Council requirements are common to all ELNOs.

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