The new multiple purpose production ticket has been developed in response to customer demand and offers a more efficient option for production of documents in certain cases.
The multiple purpose production ticket will enable a certificate of title or other document to be produced once for a period of up to three months, during which time it will be retained by LPI for registration of up to eight separate transactions as listed by customers on the ticket. For example, it will be suitable for use where it is expected that a number of leases of new commercial premises to different parties will be lodged for registration on the same certificate of title at different times over a three month period.
Multiple purpose production tickets will be available for purchase from 1 July 2011. A fee of $84.00 will apply to each ticket.
The multiple purpose production ticket does not replace the existing single purpose production ticket, which remains available at a fee of $42.00 from 1 July 2011.