Model Participation Rules & Model Operating Requirements: Consultation Drafts 5
The submission to the Australian Registrars' National Electronic Conveyancing Council in relation to Model Participation Rules Consultation Draft 5 (MPR5) and Model Operating Requirements: Consultation Draft 5 (MOR5) was prepared by the Law Council.
The Law Council has provided comments on a number of the changes proposed in MPR5 and MOR5. However, the Law Council is particularly concerned about the changes to Client Authorisation which risk creating a new category of Subscriber with little regulatory control to maintain the current level of expertise, knowledge and competency which the consumer should expect.
You can read the full submission below.