Victorian Consolidated Legislation

Conveyancers Act 2006 - SECT 3

Definitions

3. Definitions

In this Act- affairs of a licensee include the following-

   (a)  all accounts and records required under this Act or the regulations to
        be maintained by the licensee or an associate or former associate of
        the licensee;

   (b)  other records of the licensee or an associate or former associate of
        the licensee;

   (c)  any transaction-

   (i)  to which the licensee or an associate or former associate of the
        licensee was or is a party;

   (ii) in which the licensee or an associate or former associate of the
        licensee has acted for a party annual statement means a statement
        required under section 35(3); associate of a licensee has the meaning
        given in section 6; Australian Business Number has the same meaning as
        in the A New Tax System (Australian Business Number) Act 1999 of the
        Commonwealth; Australian legal practitioner has the same meaning as in
        the Legal Profession Act 2004; Authority has the same meaning as in
        the Business Licensing Authority Act 1998; Chief Commissioner means
        the Chief Commissioner of Police appointed under the
        Police Regulation Act 1958; company means a company registered under
        the Corporations Act; Consumer Act has the same meaning as in the
        Fair Trading Act 1999; controlled money has the meaning given in
        section 62; controlled money account has the meaning given in section
        62; 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 in section 4;
        defalcation means any theft, embezzlement, failure to account,
        fraudulent misappropriation or other act punishable by imprisonment of
        or in relation to money or any other property; Director has the same
        meaning as in the Fair Trading Act 1999; director has the same meaning
        as in the Corporations Act; disqualified person has the meaning given
        in section 5; estate agent has the same meaning as in the
        Estate Agents Act 1980; failure to account has the meaning given in
        section 7; Fund means the Victorian Property Fund established under
        section 72 of the Estate Agents Act 1980; incorporated legal practice
        has the same meaning as in the Legal Profession Act 2004; inspector
        means an inspector appointed under the Fair Trading Act 1999; legal
        work means work that, if done by a person who is not an Australian
        legal practitioner, would give rise to an offence under Part 2.2 of
        the Legal Profession Act 2004; licence means a licence granted under
        Part 2 to carry on a conveyancing business; licensee means a person
        who holds a licence other than a licence that is suspended; principal
        place of business of a licensee, means the principal place at which
        the licensee carries on the licensee's conveyancing business and, if
        the licensee conducts their conveyancing business at one place only,
        means that place; receiver means a receiver appointed by the Supreme
        Court under Division 3 of Part 6; Register means the Register of
        Licensed Conveyancers established under section 178;

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registered office, in relation to a company, has the same meaning as in the
Corporations Act; Registrar means the Registrar of the Authority under the
Business Licensing Authority Act 1998; Secretary means the person for the time
being holding the office of Secretary to the Department of Justice under the
Public Administration Act 2004; statutory manager means a statutory manager
appointed by the Director under Division 2 of Part 6; trust account has the
meaning given in section 62; trust money has the meaning given in section 62;
trust records has the meaning given in section 62.