Victorian Consolidated Legislation

Estate Agents Act 1980 - SECT 48C

Treatment of non-monetary rebates

48C. Treatment of non-monetary rebates



(1) For the purposes of sections 48A and 48B, if a rebate is, or is to be,
obtained as a benefit rather than as a payment of money, a reference in those
sections to the amount of the rebate is to be read as a reference to the value
of the rebate.

(2) The dollar amount that is to be attributed to the value of the rebate is a
reasonable estimate of the value of the rebate in dollars to the agent.