Australian Capital Territory Consolidated Acts

AGENTS ACT 2003 - SECT 178

    (1)     The Executive may make regulations for this Act.

Note     A regulation must be notified, and presented to the Legislative Assembly, under the Legislation Act.

    (2)     A regulation may make provision in relation to—

        (a)     applications for licences or registrations; and

        (b)     renewals of licences and registrations; and

        (c)     the surrender of licences and registrations; and

        (d)     the keeping of accounts and other records by licensed agents and registered salespeople; and

        (e)     the transfer of a licensed agent's business to another licensed agent, including the transfer of trust money.

    (3)     A regulation may prescribe offences for contraventions of a regulation and prescribe maximum penalties of not more than 20 penalty units for offences against a regulation.