Australian Capital Territory Consolidated Acts

AGENTS ACT 2003 - SECT 10

    (1)     A person carries on business as a business agent if the person provides, or offers to provide, a business agent service for a principal for reward.

    (2)     Each of the following is a business agent service :

        (a)     buying, selling, exchanging, disposing of, or otherwise dealing with, a business or professional practice or a share or interest in the goodwill or stock of a business or professional practice;

        (b)     negotiating for the purchase, sale, exchange, disposition of, or other dealing with, a business or professional practice or any share or interest in the goodwill or stock of a business or professional practice;

        (c)     any other service prescribed by regulation for this section.

    (3)     To remove any doubt, a person does not carry on business as a business agent only because the person carries on business as a stock and station agent.