Estate Agents Act 2010
Table of Contents
Long Title
Part 1 PRELIMINARY
1 Short title
2 Scope of application
3 Interpretation
4 Excluded activities and persons
5 Exemptions
Part 2 COUNCIL FOR ESTATE AGENCIES
6 Establishment and incorporation of Council for Estate Agencies
7 Common seal
8 Constitution of Council
9 Functions and duties of Council
10 Powers of Council
11 Directions by Minister
12 Appointment of committees and delegation
13 Executive Director, officers and employees, etc.
14 Preservation of secrecy
15 Protection from liability
16 (Repealed)
17 Financial year
18 Minister’s approval of estimates
19 Moneys recovered or collected by Council
20 Grants
21 Power to borrow
22 Issue of shares, etc.
23 Bank accounts
24 Application of moneys
25 Investment power
26 (Repealed)
27 (Repealed)
Part 3 LICENSING OF ESTATE AGENTS AND REGISTRATION OF SALESPERSONS
28 Estate agents to be licensed
29 Salespersons to be registered
30 Eligibility of individuals to hold estate agent’s licence
31 Eligibility of other persons to hold estate agent’s licence
32 Eligibility to be registered salesperson
32A Additional grounds for refusal of licence or registration, etc.
33 Applications for estate agent’s licence
34 Applications for registration of salespersons
35 Duration of licence and registration
35A Continuation of licence or registration, etc.
36 Register and search of register
Part 4 DUTIES AND LIABILITY
37 Registered address
38 Appointment and duties of key executive officer
39 Appointment of salespersons
40 Salesperson to act for one estate agent at any one time
41 Salesperson to operate under written agreement with estate agent
42 Codes of practice, ethics and conduct
43 Notice of certain events
43A Keeping and submission of reports and documents relating to transaction record of licensed estate agents
44 Estate agency agreement required as regards certain proposals and undertakings
Part 4A PREVENTION OF MONEY LAUNDERING AND FINANCING OF TERRORISM
44A Application of this Part
44B Customer due diligence measures
44C Keeping of records
44D Disclosure of suspicious transactions
44E Contravention of this Part
Part 5 INSPECTION, ENFORCEMENT, DISCIPLINE AND OFFENCES
44F Interpretation of this Part
45 Appointment of inspectors
46 Powers to inspect and require persons to provide documents and information, etc.
47 Additional powers to investigate offences
48 (Repealed)
49 Complaints
50 Investigations
51 Disciplinary Panel and Disciplinary Committee
52 Disciplinary action, etc.
53 Powers and procedures of Disciplinary Committee
Part 6 SUSPENSION AND REVOCATION OF LICENCE AND REGISTRATION
54 Suspension or revocation of estate agent’s licence
55 Suspension or revocation of registration
56 Effect of revocation and suspension
Part 7 APPEALS
57 Constitution of Appeals Board
58 Duty, powers and procedures of Appeals Board
59 Appeals to Appeals Board
60 Representation before Appeals Board
61 Disclosure of conflict of interests by members of Appeals Board
62 Rules relating to appeals
63 Members of Appeals Board deemed to be public servants and protection from personal liability
Part 8 MISCELLANEOUS
64 General offences and penalties
65 Power of Council to issue requisition for particulars or information
66 Power of Council in relation to dispute resolution schemes
67 Jurisdiction of court
68 Offences by bodies corporate, etc.
69 Composition of offences
70 Service of documents
71 Amendment of Schedule
72 Regulations
73 Amendment of references in written law or other documents to estate agents