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LAND AND BUSINESS (SALE AND CONVEYANCING) ACT 1994 - SECT 26

LAND AND BUSINESS (SALE AND CONVEYANCING) ACT 1994 - SECT 26

26—Interpretation of Part 5

        (1)         For the purposes of this Part, a person stands in a prescribed relationship to an agent if the person—

            (a)         is an employee of the agent; or

            (b)         is a partner of the agent; or

            (c)         is an employee of, or is remunerated by, a body corporate and—

                  (i)         the agent is in a position to control the conduct of the affairs of the body corporate; or

                  (ii)         the agent is a director of, or a shareholder in, the body corporate and the body corporate is not a public company as defined in the Corporations Act 2001 of the Commonwealth; or

                  (iii)         the agent is also an employee of, or is also remunerated by, the body corporate.

        (2)         For the purposes of this Part, an application under the Strata Titles Act 1988 , for the deposit of a strata plan, the amendment of a deposited strata plan, the amalgamation of deposited strata plans, or the cancellation of a deposited strata plan, is a conveyancing instrument.