"Following a lull during the winter months, the EC project has come out of hibernation and is gearing up for the next challenging phase, with two of the country’s major banks agreeing to pilot the system in Victoria."
The EC system will be piloted in two phases:
· Stage 1 will see the processing of limited transactions(discharges and mortgages)by selected pilot subscribers in the latter half of 2006;
· Stage 2 will provide electronic settlement and a fully functional system. It will also include the processing of transfer transactions by the Financial Settlement Manager and pilot users in 2007.
Land Exchange EC Newsletter Oct 05
You have to ask yourself about the credibility of any timeline announcements coming from EC Vic. BH
1 comment:
Try 2020 in line with Victoria's present Melbourne growth strategy
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