• Specific Year
    Any

LAND AGENTS ACT 1994

Table of Provisions

PART 1--Preliminary

  • 1 Short title
  • 3 Interpretation
  • 4 Meaning of agent
  • 5 Commissioner to be responsible for administration of Act

PART 2--Registration and management of agent's business

  • 6 Agents to be registered
  • 6A Sales representatives to be registered
  • 6AB Property managers to be registered
  • 6B Auctioneers to be registered
  • 7 Application for registration
  • 8 Entitlement to be registered as agent
  • 8A Entitlement to be registered as sales representative
  • 8B Entitlement to be registered as sales representative subject to conditions relating to training and supervision
  • 8BA Entitlement to be registered as property manager
  • 8BB Entitlement to be registered as property manager subject to conditions relating to training and supervision
  • 8C Entitlement to be registered as auctioneer
  • 8D Reviews
  • 8E Power of Commissioner to require photograph and information
  • 9 Duration of registration and annual fee and return
  • 10 Incorporated agent's business to be properly managed and supervised
  • 11 Each of agent's places of business to be properly managed and supervised
  • 11A Regulations relating to proper management and supervision
  • 11B Registration card to be carried or displayed

PART 2AA--Suspension or variation of registration in urgent circumstances

  • 11BA Commissioner may suspend or impose conditions on registration in urgent circumstances

PART 2A--Cancellation, suspension or variation of registration

  • 11C Commissioner may cancel, suspend or impose conditions on registration

PART 3--Trust accounts and indemnity fund

Division 1--Preliminary

  • 12 Interpretation of
  • PART 3

Division 2--Trust accounts

  • 13 Receiving and dealing with trust money
  • 14 Withdrawal of money from trust account
  • 15 Payment of interest on trust accounts to Commissioner
  • 16 Appointment of administrator of trust account
  • 17 Appointment of temporary manager
  • 18 Powers of administrator or temporary manager
  • 19 Term of appointment of administrator or temporary manager
  • 20 Review of appointment of administrator or temporary manager
  • 21 Keeping of records
  • 22 Audit of trust accounts
  • 23 Appointment of examiner
  • 24 Obtaining information for purposes of audit or examination
  • 25 ADIs etc to report deficiencies in trust accounts
  • 26 Confidentiality
  • 27 ADIs etc not affected by notice of trust
  • 28 Failing to comply with requirement of administrators etc

Division 3--Indemnity fund

  • 29 Indemnity fund
  • 29A Division of indemnity fund into two parts
  • 30 Claims on indemnity fund
  • 31 Limitation of claims
  • 32 Establishment and determination of claims
  • 33 Claims by agents
  • 34 Personal representative may make claim
  • 35 Review of Commissioner's determination
  • 36 Determination, evidence and burden of proof
  • 37 Claimant's entitlement to compensation and interest
  • 38 Rights of Commissioner
  • 39 Insurance in respect of claims against indemnity fund
  • 40 Insufficiency of indemnity fund
  • 41 Accounts and audit

PART 4--Discipline

  • 42 Interpretation of Part 4
  • 43 Cause for disciplinary action against agents, sales representatives or property managers
  • 44 Complaints
  • 45 Hearing by Tribunal
  • 46 Participation of assessors in disciplinary proceedings
  • 47 Disciplinary action
  • 48 Contravention of orders

PART 5--Miscellaneous

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