STRATA TITLES ACT 1988 - SECT 50A

STRATA TITLES ACT 1988 - SECT 50A

50A—Indemnity fund under " " Land Agents Act 1994

Money standing to the credit of the indemnity fund maintained under section 29 of the Land Agents Act 1994 may be applied by the Commissioner for Consumer Affairs for any of the following purposes:

            (a)         the costs of investigating compliance with this Act;

            (b)         the costs of prosecutions for offences against this Act;

            (c)         the payment of amounts, approved by the Minister and the Minister responsible for the administration of the Land Agents Act 1994 , towards the cost of prescribed advisory services or educational programs relating to this Act conducted for the benefit of members of the public.