CONVEYANCERS LICENSING ACT 2003 - SECT 3 Definitions
CONVEYANCERS LICENSING ACT 2003 - SECT 3
Definitions3 Definitions
In this Act--
"authorised officer" has the meaning given in Part 10 (Enforcement).
"business day" means a day other than a Saturday, Sunday, public holiday or
bank holiday in New South Wales.
"Compensation Fund" or
"Fund" means the Property Services Compensation Fund established and
maintained under the Property and Stock Agents Act 2002 .
"conveyancer" means a person who carries out conveyancing work.
"conveyancing business" means any business in the course of which conveyancing
work is carried out for fee or reward, whether or not the carrying out of
conveyancing work is the sole or dominant purpose of the business.
"conveyancing work" has the meaning given to it by section 4.
"Corporations Act" means the Corporations Act 2001 of the Commonwealth.
"costs" includes fees, charges, disbursements, expenses and remuneration.
"Department" means the Department of Customer Service.
"disqualified person" has the meaning given to it by section 10.
"employee" includes any person employed whether on salary, wages, bonus, fees,
allowance or other remuneration and includes a director or member of the
governing body of a corporation.
"exercise" a function includes perform a duty.
"firm" of licensees includes any licensees who share remuneration as
licensees, whether or not on the same basis for each of them.
"function" includes a power, authority or duty.
"licence" means a licence under this Act.
"licensee" means the holder of a licence under this Act.
"licensee's records" has the meaning given in Part 6 (Records).
"money" includes an instrument for the payment of money in any case where the
instrument may be paid into a bank or other deposit-taking institution.
"money received for or on behalf of any person" includes money held for or on
behalf of any person, whether originally received for or on behalf of the
person or not.
"records" includes books, accounts and other documents.
"Secretary" means--
(a) the Commissioner for Fair Trading, Department of Customer Service, or
(b) if there is no person employed as Commissioner for Fair Trading--the Secretary of the Department.
"Statutory Interest Account" means the Property Services Statutory Interest Account referred to in Part 11 of the Property and Stock Agents Act 2002 .
"Tribunal" means the Civil and Administrative Tribunal.
"trust account" means a trust account required to be kept under this Act.
Note : The Interpretation Act 1987 contains definitions and other provisions that affect the interpretation and application of this Act.