Australian Capital Territory Consolidated Acts

AGENTS ACT 2003 - SECT 89

    (1)     The commissioner for fair trading may, by written notice to a licensed agent or registered salesperson, require the agent or salesperson to give to the commissioner the evidence that the agent or salesperson relied on in the making of any representation about the agent's or salesperson's estimate of the selling price of land—

        (a)     to a seller of the land; or

        (b)     to a buyer of the land; or

        (c)     in an advertisement or other publication.

    (2)     The notice must state a reasonable period for complying with the notice.

    (3)     A person commits an offence if the person fails to comply with a notice given to the person under this section within the stated period.

Maximum penalty: 100 penalty units.

    (4)     An offence against this section is a strict liability offence.