Auctioneers and Agents Act 1971 (Qld)

Queensland AUCTIONEERS AND AGENTS ACT 1971 Reprinted as in force on 29 October 1999 (includes amendments up to Act No. 29 of 1999) Reprint No. 4A This reprint is prepared by the Office of the Queensland Parliamentary Counsel Warning—This reprint is not an authorised copy

Information about this reprint This Act is reprinted as at 29 October 1999. The reprint shows the law as amended by all amendments that commenced on or before that day (Reprints Act 1992 s 5(c)). The reprint includes a reference to the law by which each amendment was made—see list of legislation and list of annotations in endnotes. This page is specific to this reprint. See previous reprints for information about earlier changes made under the ReprintsAct1992. A table of earlier reprints is included in the endnotes. Also see endnotes for information about— • when provisions commenced • editorial changes made in earlier reprints.

Queensland AUCTIONEERS AND AGENTS ACT 1971 TABLE OF PROVISIONS Section Page PART 1—PRELIMINARY 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 2 Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 3 Application of provisions about auctioneers and auctions . . . . . . . . . . . . . . 15 4 Application of provisions about real estate agents, commercial agents and motor dealers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 5 Effect of Act on certain other laws . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 6 Surrender of licence not cancellation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 7 Exemptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 PART 2—THE COMMITTEE 8 Auctioneers and agents committee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 9 Vacation of office . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 10 Filling of vacancy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 11 Meetings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 12 Taking evidence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 13 Powers of committee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 14 Subcommittees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 15 Exclusion of liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 16 Registrar and officers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 17 Appeals from committee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 PART 3—LICENCES 18 No person to act without a licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 19 Corporation licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 20 Person deemed to act as licensee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

2 Auctioneers and Agents Act 1971 21 Licensee to be in charge of principal place of business . . . . . . . . . . . . . . . . 28 22 Each separate place of business to be in the charge of licensee or licensed manager . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 23 Franchising agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 24 Classes of licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 25 Application for licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 26 Grant of licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 27 Restoration of licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 28 Fees for licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 29 Cancellation of licences generally . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 30 Register . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 PART 4—REGISTRATION OF SALESPERSONS ETC. 31 Certain employees to be registered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 32 Application for registration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 33 Grant of registration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 34 Restoration of certificate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 35 Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 36 Cancellation of registration generally . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 37 Record of registration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 38 Restriction on employment of certain other persons . . . . . . . . . . . . . . . . . . . 48 PART 5—AUCTIONEERS, REAL ESTATE AGENTS, COMMERCIAL AGENTS AND MOTOR DEALERS Division 1—Auctioneers 39 General auctioneers’ licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 40 Provisional auctioneers’ licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 41 Restricted auctioneers’ licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52 42 Bogus advertisements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 43 Sales of livestock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 44 Code of professional conduct of auctioneers . . . . . . . . . . . . . . . . . . . . . . . . . 54 Division 2—Real estate agents 45 Real estate agents’ licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 46 Sole agencies, multiple listings etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 47 Bogus advertisements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57

3 Auctioneers and Agents Act 1971 48 Code of professional conduct of real estate agents . . . . . . . . . . . . . . . . . . . . 58 Division 3—Commercial agents 49 Commercial agents’ licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 50 Licence not to confer additional powers . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 51 Production of licences etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 52 Unlawful entry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 53 Misrepresentation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 54 Falsely pretending to be a commercial agent . . . . . . . . . . . . . . . . . . . . . . . . 60 55 Debtors not to be charged expenses of debt collecting . . . . . . . . . . . . . . . . 60 56 Code of professional conduct of commercial agents . . . . . . . . . . . . . . . . . . 61 Division 4—Motor dealers 57 Motor dealers’ licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61 58 Register to be kept by licensees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 59 Inspection of used motor vehicles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 60 Guarantee of title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 61 Statement of vendor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 62 Each place of business to be approved . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 63 Bogus advertisements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 64 Tampering with odometers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 65 Evidence of tampering by a motor dealer . . . . . . . . . . . . . . . . . . . . . . . . . . . 65 66 Code of professional conduct of motor dealers . . . . . . . . . . . . . . . . . . . . . . . 65 67 Production of licences etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66 68 Transactions in used motor vehicles to be notified . . . . . . . . . . . . . . . . . . . . 66 Division 5—General 69 Restriction on agents purchasing or selling property . . . . . . . . . . . . . . . . . . 66 70 When agent prohibited from having interest in option to purchase land . . . 69 71 Beneficial interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70 72 False representations as to property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72 73 Representations as to availability of finance . . . . . . . . . . . . . . . . . . . . . . . . 74 74 Lands not lawfully usable for residential purposes . . . . . . . . . . . . . . . . . . . . 77 75 When the Minister may cancel licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 76 Restriction on remedy for commission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82

4 Auctioneers and Agents Act 1971 77 Offence to charge fee for preparing document . . . . . . . . . . . . . . . . . . . . . . . 82 78 Offence to demand excess or improper remuneration . . . . . . . . . . . . . . . . . . 83 79 Prohibited practices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 80 Prohibition of contracting out . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 81 Failure to comply with court order . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 82 Appointment of substitute licensee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 83 Death of licensee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87 84 Effect of disqualification on membership of corporation or partnership . . . 88 85 Lending licence or certificate of registration . . . . . . . . . . . . . . . . . . . . . . . . 89 86 Ceasing to be licensed or registered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89 87 Failure to deliver up licence or certificate of registration . . . . . . . . . . . . . . 89 88 Registered office and address . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89 89 Publication of name of licensee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90 PART 6—DISCIPLINARY PROCEEDINGS 90 Interpretation of part . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92 91 Grounds for exercise of disciplinary powers against licensed or registered individual . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93 92 Grounds for exercise of disciplinary powers against corporation . . . . . . . . . 94 93 Commencement of disciplinary proceedings . . . . . . . . . . . . . . . . . . . . . . . . . 95 94 Copy of complaint to executive officer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95 95 Hearing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96 96 Disciplinary powers of committee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 97 Recovery of fine or costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98 98 Disqualification of unlicensed executive officer . . . . . . . . . . . . . . . . . . . . . . 98 99 Committee to give reasons . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 100 Surrender of cancelled licence or certificate of registration . . . . . . . . . . . . 99 101 Suspension of licence or certificate of registration . . . . . . . . . . . . . . . . . . . . 100 102 Effect of order of suspension . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 PART 7—ACCOUNTS AND FUNDS Division 1—Trust accounts 103 Exemptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101 104 Application of trust money . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102 105 Account of money received and its application . . . . . . . . . . . . . . . . . . . . . . 105

5 Auctioneers and Agents Act 1971 106 Wrongful conversion and false accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105 107 Trust accounts of employers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106 108 Appointment of auditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107 109 Remote localities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 108 110 Audit of trust accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 108 111 Inspection, audit etc. by registrar or inspector . . . . . . . . . . . . . . . . . . . . . . . . 110 112 Duties of managers of financial institutions . . . . . . . . . . . . . . . . . . . . . . . . . 114 113 Entries in licensee’s books deemed made by licensee . . . . . . . . . . . . . . . . . 115 Division 2—Auctioneers and agents fidelity guarantee fund 114 Auctioneers and agents fidelity guarantee fund . . . . . . . . . . . . . . . . . . . . . . 115 115 Contributions to fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117 116 Additional levies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118 117 Registrar may enter into agreements with financial institutions . . . . . . . . . 118 118 Interest on money in the fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119 119 Application of fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119 120 Claims against the fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121 121 Advertisement relating to defaulting licensee and claims . . . . . . . . . . . . . . 123 122 Distribution from fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123 123 Proceedings against the committee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123 124 Subrogation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124 125 Directors to compensate fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124 126 Committee may require production of documents . . . . . . . . . . . . . . . . . . . . 125 127 Insufficiency of fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125 128 Freezing of trust accounts and ultimate disposal of trust money of defaulting licensees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125 Division 3—Receivers 129 Interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128 130 Appointment of receiver in certain cases . . . . . . . . . . . . . . . . . . . . . . . . . . . 129 131 Application for appointment of receiver . . . . . . . . . . . . . . . . . . . . . . . . . . . . 130 132 Receiver may require delivery of property to receiver . . . . . . . . . . . . . . . . . 131 133 Receiver may forbid withdrawal of money from financial institution . . . . . 131 134 Receiver may take possession of property . . . . . . . . . . . . . . . . . . . . . . . . . . . 132 135 Improperly withdrawing money or destroying or concealing property . . . . . 133

6 Auctioneers and Agents Act 1971 136 Power of receivers to deal with property . . . . . . . . . . . . . . . . . . . . . . . . . . . . 133 137 Property claimed by licensee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 134 138 Liens for costs on property held by receiver . . . . . . . . . . . . . . . . . . . . . . . . . 134 139 Application for termination of appointment of receiver . . . . . . . . . . . . . . . . 135 140 Property not dealt with by receiver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136 141 Receiver may invest money in receiver’s hands . . . . . . . . . . . . . . . . . . . . . . 136 142 Remuneration of receiver and expenses of receivership . . . . . . . . . . . . . . . 137 143 Claim or charge against receiver may be paid from the fund . . . . . . . . . . . 137 144 Reopening of agreement as to receiver’s remuneration . . . . . . . . . . . . . . . . 137 145 Court may review receiver’s expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 138 146 Receiver not deemed to be personal representative . . . . . . . . . . . . . . . . . . . 138 147 Property held by receiver to be free from execution or attachment . . . . . . 139 148 Returns by receiver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 139 PART 8—PASTORAL HOUSES 149 Interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 139 150 Pastoral house corporation licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 140 151 Licensed pastoral house may act as real estate agent and auctioneer . . . . 140 152 Pastoral house corporation licence deemed to be corporation licence . . . . 141 153 Pastoral house director’s licence, pastoral house manager’s licence and pastoral house auctioneer’s licence . . . . . . . . . . . . . . . . . . . . . . 141 154 Holder of pastoral house director’s licence may act as real estate agent . . 142 155 Pastoral house director’s licence deemed to be real estate agent’s licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 142 156 Holder of pastoral house manager’s licence may act as holder of manager’s (real estate agency) licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 142 157 Pastoral house manager’s licence deemed to be manager’s (real estate agency) licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143 158 Holder of pastoral house auctioneer’s licence may act as auctioneer . . . . 143 159 Pastoral house auctioneer’s licence deemed to be general auctioneer’s licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143 160 Licence to be endorsed with name of pastoral house . . . . . . . . . . . . . . . . . . 143 161 Surrender of licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143 162 Licence holder to act only for pastoral house endorsed on licence . . . . . . . 144 163 Committee may grant licences subject to conditions . . . . . . . . . . . . . . . . . . 144

7 Auctioneers and Agents Act 1971 164 Employee may act as real estate salesperson . . . . . . . . . . . . . . . . . . . . . . . . 145 165 Fees and contributions for licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 145 166 Pastoral house to notify registrar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146 PART 9—GENERAL 167 Proof that a person is or is not licensed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146 168 Civil remedies not affected . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146 169 Offences by corporations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146 170 Offences generally . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 147 171 Service of documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 148 172 References to repealed Act . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 148 173 Approval of forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 148 174 Regulation making power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 148 ENDNOTES 1 Index to endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 152 2 Date to which amendments incorporated . . . . . . . . . . . . . . . . . . . . . 152 3 Key . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 153 4 Table of earlier reprints . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 153 5 Tables in earlier reprints . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 154 6 List of legislation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 154 7 List of annotations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 157 8 Table of renumbered provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170 9 Transitional and savings provisions . . . . . . . . . . . . . . . . . . . . . . . . . . 178

s1 9 s2 Auctioneers and Agents Act 1971 AUCTIONEERS AND AGENTS ACT 1971 [as amended by all amendments that commenced on or before 29 October 1999] An Act to consolidate and amend the law relating to auctioneers, real estate agents, debt collectors and motor dealers PART 1—PRELIMINARY ˙ Short title 1. This Act may be cited as the Auctioneers and Agents Act 1971 . ˙ Definitions 2. In this Act— “approved financial institution” means a financial institution that— (a) has been prescribed by regulation to be a financial institution to which section 117 1 applies; and (b) has entered into an agreement under the section. “approved form” see section 173. 2 “auctioneer” means any person who sells or attempts to sell or offers for sale or resale any property whether the property of the auctioneer or of any other person by way of auction. “business of letting” includes the collecting or receiving of rents by an agent for a principal, whether or not the agent has let the house, land, estate or business concerned. 1 Section 117 (Registrar may enter into agreements with financial institutions) 2 Section 173 (Approval of forms)

s 2 10 s 2 Auctioneers and Agents Act 1971 “caravan trailer” means any trailer fitted, equipped, or used principally for camping or as a dwelling or for carrying on any trade or business. “certificate of registration” means a certificate of registration and any renewal issued or deemed to continue in force under this Act and in force at any material time; any endorsements made under this Act on any certificate of registration shall be regarded as forming part of that certificate of registration. “commercial agent” means any person (whether or not the person carries on any other business) who, whether as principal or agent, exercises or carries on or advertises or notifies or states that the person exercises or carries on or that the person is willing to exercise or carry on or in any way holds the person out as ready to undertake any of the functions of— (a) ascertaining the whereabouts of or repossessing any goods or chattels which are the subject of a hire-purchase agreement or a bill of sale or a chattel lease agreement; or (b) collecting or requesting payment of debts; or (c) serving any writ, summons or other process; on behalf of any other person or persons for or in consideration of any payment or other remuneration (whether monetary or otherwise), but does not include a person who— (d) undertakes any such functions as a representative of Her Majesty; or (e) holds a real estate agent’s licence under this Act and undertakes such functions in the person’s capacity as such licence holder; or (f) is employed merely as a clerk or servant; or (g) is a registered life assurance company or friendly society, or a financial institution or trustee company; or (h) is a solicitor or public accountant acting in the practice of the solicitor’s or public accountant’s profession; or (i) is a bailiff appointed under or whose appointment as a bailiff is continued under the Sheriffs Act 1875 , the DistrictCourtsAct1967 or the MagistratesCourtsAct1921 while the bailiff is performing any of the functions referred to in paragraph (c).

s 2 11 s 2 Auctioneers and Agents Act 1971 “commercial subagent” means any person in the direct employ of or acting for or by arrangement with a commercial agent who for salary, wages, commission, or other remuneration of any kind, exercises or carries on for that commercial agent any of the functions of a commercial agent, but does not include a person whose duties when employed by a commercial agent consist of no more than clerical or secretarial work or the receipt in the office of the commercial agent of money payable to that commercial agent in the course of the person’s business. “committee” means the auctioneers and agents committee constituted under this Act. “court” means a Magistrates Court within the meaning of the Justices Act1886 and constituted by a stipendiary magistrate sitting alone. “deputy registrar” means a deputy registrar of auctioneers and agents appointed under this Act. “employee” includes any person employed whether on salary, wages, bonus, commission, fees, allowance, or other remuneration of any kind. “executive officer” , in relation to a corporation, means any person, by whatever name called and whether or not the person is a director of the corporation, who is concerned, or takes part, in the management of the corporation. “financier” means a corporation whose ordinary business (whether or not it carries on any other business) is that of providing credit and which does not carry on the business of buying, selling or exchanging motor vehicles except only for 1 or more of the following purposes— (a) for the purpose of selling motor vehicles on instalment terms; (b) for the purpose of hiring motor vehicles under hire-purchase agreements; (c) for the purpose of effectuating or enforcing securities over motor vehicles; (d) for the purpose of the hiring where the right to purchase the motor vehicle is not included in that hiring of motor vehicles; (e) for the purpose of disposing of motor vehicles acquired by it in

s 2 12 s 2 Auctioneers and Agents Act 1971 connection with any of the purposes referred to in paragraphs (a) to (d). “fund” means the auctioneers and agents fidelity guarantee fund established under this Act. “land” means land held in fee simple or for an estate of leasehold, and includes a lot shown on a building units plan registered under the Building Units and Group Titles Act 1980 and that which will become a lot shown on such a plan upon registration of the plan under that Act, and includes land as defined in the South Bank Corporation Act 1989 , section 4 including a lot shown on a leasehold building units plan under that Act and that which will become a lot upon registration of a leasehold building units plan under that Act. “letting” includes every form of leasing or letting of houses, land, estates, or businesses. “licence” means a licence, and any renewal of a licence, issued or deemed to be issued under this Act and in force at any material time; any endorsements made under this Act, or under the repealed Acts, on any licence shall be regarded as forming part of that licence. “licensee” means the holder of a licence. “motor dealer” means any person, other than a financier, who— (a) on the person’s own behalf, and either alone or in connection with any other business, exercises or carries on or advertises or notifies or states that the person exercises or carries on or that the person is willing to exercise or carry on or in any way holds the person out as ready to undertake the business of— (i) acquiring used motor vehicles for sale; or (ii) acquiring and breaking-up used motor vehicles for sale, piecemeal; or selling (including the letting or selling upon a hire-purchase agreement within the meaning of the Hire-purchase Act 1959 ) used motor vehicles, whether as integral units, or piecemeal; or (b) as an agent for others, and whether on commission or for or in expectation of any fee, gain, or reward and either alone or in connection with any other business, and either generally or in respect of any 1 transaction, exercises or carries on or advertises

s 2 13 s 2 Auctioneers and Agents Act 1971 or notifies or states that the person exercises or carries on or that the person is willing to exercise or carry on or in any way holds the person out as ready to undertake the business, of buying or selling (including the letting or selling upon a hire-purchase agreement within the meaning of the Hire-purchaseAct1959 ) used motor vehicles, but does not include a person who— (i) undertakes any such function as a representative of Her Majesty; or (ii) is employed merely as a clerk or servant; or (iii) is a registered life assurance company or friendly society, or a financial institution or trustee company. “motor salesperson” means any person in the direct employ of or acting for or by arrangement with a motor dealer who for salary, wages, commission, or other remuneration of any kind, exercises or carries on for that motor dealer any of the functions of a motor dealer, but does not include a person whose duties when employed by a motor dealer consist of no more than clerical or secretarial work or the receipt in the office of the motor dealer of money payable to that motor dealer in the course of the motor dealer’s business. “motor vehicle” means any vehicle propelled or designed for propulsion wholly or partly by gas, motor spirit, oil, electricity, steam, or any other mechanical power, whether such vehicle is or is not for the time being capable of being operated or used in a normal manner, and includes a motor car, motor cycle, motor omnibus, motor truck, motor utility truck, motor tractor, and a caravan trailer designed to be attached to or drawn by a motor vehicle, but does not include a vehicle designed for use on a railway or tramway or a fire engine or fire reel. “providing credit” means— (a) the making of loans; or (b) the hiring under hire-purchase agreements of motor vehicles bought or taken in exchange from or with— (i) licensed motor dealers; or (ii) financiers; or (iii) persons not being licensed dealers or financiers in

s 2 14 s 2 Auctioneers and Agents Act 1971 circumstances which do not constitute the person so buying or taking motor vehicles in exchange a dealer; or (c) the giving of guarantees, indemnities or bonds; or (d) the endorsing or accepting of bills of exchange; or (e) the hiring where the right to purchase the motor vehicle is not included in that hiring or the sale on instalment terms. “real estate agent” means any person who, as an agent for others, and whether on commission or for or in expectation of any fee, gain, or reward, and either alone or in connection with any other business, and either generally or in respect of any 1 transaction, exercises or carries on or advertises or notifies or states that the person exercises or carries on or that the person is willing to exercise or carry on or in any way holds the person out as ready to undertake the business of buying, selling, exchanging, or letting houses, land, or estates, or negotiating for such buying, selling, exchanging, or letting, or buying, selling, exchanging, or letting hotel businesses, residential businesses, boarding house businesses, storekeeping businesses, manufacturing businesses, or businesses of any kind, or any interest in any of such businesses, or buying, selling, or exchanging livestock but, does not include a person who— (a) undertakes any such function as a representative of Her Majesty; or (b) is employed merely as a clerk or servant; or (c) is a registered life assurance company or friendly society, or a financial institution or trustee company. “real estate salesperson” means any person in the direct employ of or acting for or by arrangement with a real estate agent who for salary, wages, commission, or other remuneration of any kind, exercises or carries on for that real estate agent any of the functions of a real estate agent, but does not include a person whose duties when employed by a real estate agent consist of no more than clerical or secretarial work or the receipt in the office of the real estate agent of money payable to that real estate agent in the course of the real estate agent’s business. “registrar” means the registrar of auctioneers and agents appointed under this Act, and includes a deputy registrar of auctioneers and agents and

s 3 15 s 3 Auctioneers and Agents Act 1971 any other person for the time being exercising the functions of the registrar. “rental bond interest account” see Residential Tenancies Act 1994 . “sale” includes an agreement to sell. “sale by auction ” or “to sell by auction” implies the sale of any property whether real or personal of any kind or description by outcry, knocking down of hammer, or any other mode under which the highest or any bidder is the purchaser, or under which there is a competition for the purchase of any property in any way commonly known and understood to be by way of auction. “secretary” means the secretary to the committee, and includes an assistant secretary and a person temporarily discharging the duties of the secretary. “security interest certificate” means a security interest certificate under the Motor Vehicles Securities Act 1986 . “used motor vehicle” means a motor vehicle that has, at any time, been licensed or registered, whether under the law of this State or of any other State or a Territory or a foreign country. ˙ Application of provisions about auctioneers and auctions 3.(1) The provisions of this Act relating to auctioneers shall not apply to— (a) a person selling by auction, for the State, land or other property of the State; or (b) any sales ordered by the sheriff under any writ or process issued out of any court; or (c) any sales made by or under any rule, order, or judgment of the Supreme Court or the District Court; or (d) any sales made by any person acting in obedience to any process issued by any court or judge or justice for the recovery of any fine, penalty, or award, or in obedience to any order of such court, judge, or justice; or (e) any sales made by or under the authority of the public trustee; or

s 4 16 s 5 Auctioneers and Agents Act 1971 (f) any sales of any animals impounded according to law and sold under the laws relating to impounding; or (g) any sales of any goods distrained for rent or arrears of rent; or (h) any sales made by or under the authority of any local government; or (i) any person who, under any Act, is for the time being authorised to sell by auction without holding an auctioneer’s licence; or (j) any sales by postal bids of stamps or coins. (2) If— (a) a proposed sale by auction of chattels is advertised and the chattels are sold by the auctioneer within 1 month prior to the advertised date of the auction; or (b) chattels are passed in at auction and subsequently sold by the auctioneer within 1 month after the auction; the sale of those chattels shall be deemed to be a sale by auction and this Act shall apply accordingly. ˙ Application of provisions about real estate agents, commercial agents and motor dealers 4. The provisions of this Act relating to real estate agents, commercial agents and motor dealers shall not apply to or in relation to the public trustee or in respect of the collection of debts or rents by any solicitor or accountant, who has complied with the requirements of the Trust Accounts Act 1973 , as to the depositing of any sum, securities, or fidelity bond prescribed by way of guarantee for the proper application by the person of trust money coming into the person’s possession. ˙ Effect of Act on certain other laws 5. This Act does not in any way affect the Legal Practitioners Act 1995 , section 19. 3 3 Legal Practitioners Act 1995 , section 19 (Conveyancing how prohibited)

s 6 17 s 8 Auctioneers and Agents Act 1971 ˙ Surrender of licence not cancellation 6. For the purposes of this Act a licence which is surrendered shall not be deemed to be cancelled. ˙ Exemptions 7. A regulation may exempt a person from this Act or a provision of this Act. PART 2—THE COMMITTEE ˙ Auctioneers and agents committee 8.(1) For the purposes of this Act there shall be a committee to be known as the auctioneers and agents committee. (2) The committee is a body corporate and shall have perpetual succession, a common seal and, subject to this Act, shall be capable of suing and being sued. (3) All courts and persons acting judicially shall take judicial notice of the common seal of the committee and, until the contrary is proved, shall presume that it was duly affixed to any document on which it appears. (4) The common seal shall be kept in the custody of the secretary or such other person as the committee may determine, and shall not be affixed to any document except by authority of a resolution of the committee and in the presence of at least 1 member and the secretary or such other person as the committee may appoint for the purpose. (5) The persons in whose presence the seal is affixed shall attest by their signatures the fact and the date of the seal being so affixed. (6) The committee shall consist of the registrar and 8 other members appointed by the Governor in Council. (7) The Governor in Council shall appoint 1 of the members to be chairperson of the committee and 1 to be deputy chairperson of the committee.

s 9 18 s 9 Auctioneers and Agents Act 1971 (8) Each member, other than the registrar, shall be appointed for such term, not exceeding 3 years, as is fixed by the Governor in Council in the instrument of the member’s appointment, and if not then disqualified shall be eligible for reappointment, and may be removed from office at any time by the Governor in Council, and shall be paid such fees and expenses as are approved by the Governor in Council. (9) In the case of the suspension, illness, or absence of a member, or in the case of a vacancy in the office of a member, the Governor in Council may appoint a person to act as deputy for such member during such suspension, illness, or absence, or until such vacancy is filled, as the case may be, and such deputy may exercise the powers and perform the duties of such member accordingly. (10) The Governor in Council may appoint a secretary and an assistant secretary to the committee and an appointee may be a member of the public service in which event the appointee may hold the appointment in addition to any other position the appointee holds in the public service. (11) Any member of the committee may be a member of the public service and in such event the member may hold such appointment in addition to any other position the member holds in the public service. ˙ Vacation of office 9. A member of the committee shall be deemed to have vacated the member’s office if— (a) the member becomes bankrupt within the meaning of the law in force for the time being relating to bankruptcy, or compounds with the member’s creditors; or (b) the member becomes a patient within the meaning of the MentalHealth Act 1974 ; or (c) the member is absent from 3 consecutive ordinary meetings of the committee without leave granted by the Minister; or (d) the member dies; or (e) the member resigns office by writing under the member’s hand lodged with the registrar; or

s 10 19 s 13 Auctioneers and Agents Act 1971 (f) the member is removed from office by the Governor in Council; or (g) the member, being a member of the public service, resigns or is dismissed from the public service. ˙ Filling of vacancy 10. Any person appointed to fill a vacancy shall hold office for the residue of the term for which the person’s predecessor was appointed. ˙ Meetings 11.(1) At any meeting of the committee 5 members, 1 of whom is the chairperson or the deputy chairperson, shall form a quorum. (2) Subject to there being a quorum, the committee may meet and transact business despite any vacancy in its membership. (3) At any meeting of the committee the chairperson or, in the absence of the chairperson, the deputy chairperson, shall preside. (4) The chairperson of the meeting shall have a deliberative and, in the case of equality of votes, a casting vote. (5) The committee shall meet at such times and places as are fixed by the chairperson. (6) Subject to this part, the committee may regulate its own proceedings. ˙ Taking evidence 12. For the purpose of enabling the committee to conduct any investigation or inquiry or other proceeding which it deems necessary for the purposes of this Act, the committee shall have all the powers, other than those where the chairperson is a judge of the Supreme Court, of a commission of inquiry under the CommissionsofInquiryAct1950 , and those Acts shall apply accordingly. ˙ Powers of committee 13.(1) The committee shall have and may exercise and perform the

s 14 20 s 14 Auctioneers and Agents Act 1971 powers and functions conferred upon the committee by or under this Act. (2) The committee may advise the Minister on any matter referred to it by the Minister or any matter relating to the administration of this Act. ˙ Subcommittees 14.(1) The committee may, with the approval of the Minister, resolve that all or any of its powers and functions in respect of applications for the grant, renewal or restoration of licences or certificates of registration under this Act be exercised, performed or discharged by a subcommittee constituted under this section. (2) A subcommittee shall consist of the chairperson or the deputy chairperson, the registrar or a deputy registrar, and 3 other members of the committee nominated by it and appointed by the Minister. (3) At any meeting of a subcommittee a quorum shall be constituted by 3 members of the subcommittee, 1 of whom shall be the chairperson or the deputy chairperson, and 1 of whom shall be the registrar or a deputy registrar. (4) Subject to there being a quorum, a subcommittee may meet and transact business despite any vacancy in its membership. (5) At any meeting of a subcommittee the chairperson or, if the chairperson is not a member of the subcommittee, the deputy chairperson, shall preside and shall have a deliberative and, in the case of equality of votes, a casting vote. (6) A subcommittee shall meet at such times and places as are fixed by the chairperson or, if the chairperson is not a member of the subcommittee, by the deputy chairperson. (7) A subcommittee shall conduct its proceedings in accordance with the manner in which proceedings of the committee are conducted from time to time, with all necessary modifications. (8) A subcommittee exercising, performing or discharging powers or functions delegated to it under subsection (1) shall be deemed to be the committee exercising, performing or discharging those powers or functions and this Act shall apply accordingly.

s 15 21 s 17 Auctioneers and Agents Act 1971 (9) The secretary or the assistant secretary shall act as secretary to a subcommittee. (10) Unless sooner removed from office by the Minister, a member of a subcommittee, other than the registrar or a deputy registrar, shall hold office until the member ceases to hold office as a member of the committee. ˙ Exclusion of liability 15. The members of the committee or of a subcommittee, the registrar, the secretary or any person acting under the direction of the committee or a subcommittee, shall not incur any liability on account of anything done or omitted to be done in good faith and without negligence under or for the purposes of this Act. ˙ Registrar and officers 16.(1) The Governor in Council may appoint a registrar of auctioneers and agents, and such deputy registrars of auctioneers and agents, and such assistant registrars, inspectors and other officers as may be deemed necessary for the administration of this Act. (2) On and after the commencement of this Act, every clerk of the court in Queensland excepting the clerk of the court, Brisbane, shall, because of office and without further or other appointment, be and be deemed to have been appointed to be an assistant registrar and an inspector. (3) Any act, matter, or thing directed or authorised to be done or performed by the registrar under this Act may be done or performed by a deputy registrar, and every act, matter or thing so done or performed by a deputy registrar shall be valid and effectual as if done or performed by the registrar. ˙ Appeals from committee 17.(1) Any— (a) person whose application for a licence, or renewal or restoration of a licence, is refused by the committee; or (b) licensee who feels aggrieved by a decision of the committee under

s 17 22 s 17 Auctioneers and Agents Act 1971 section 26(10) 4 imposing a condition or term in respect of the granting of a licence, or renewal or restoration of a licence; or (c) licensee who feels aggrieved by a decision of the committee under section 26(13) amending or revoking a term or condition of a licence; or (d) person whose application for registration, or renewal or restoration of registration, is refused by the committee; or (e) person who feels aggrieved by an order made by the committee under section 26(8)(e) or 33(9)(e) 5 in respect of the payment of costs; or (f) person who feels aggrieved by a decision made by the committee under part 6; 6 or (g) person who feels aggrieved by a decision made by the committee under part 8; 7 may, within 1 month after notification to the person or licensee of the committee’s decision, appeal to the District Court having jurisdiction at the place— (h) where the applicant carried on business, or proposes to carry on business; or (i) in the case where the applicant is, or proposes to be, an employee of a licensee— (i) where that licensee carries on business or proposes to carry on business; or (ii) in the case where that licensee is the holder of a corporation licence—where the registered office of the corporation is situated. (2) Every appeal under subsection (1) shall be by way of rehearing and shall not be limited to the material before the committee when the 4 Section 26 (Grant of licence) 5 Section 33 (Grant of registration) 6 Part 6 (Disciplinary proceedings) 7 Part 8 (Pastoral houses)

s 18 23 s 18 Auctioneers and Agents Act 1971 committee considered the matter in question. (3) The District Court shall have jurisdiction to hear and determine the appeal and shall inquire into and determine the appeal and subject to this section its decision shall be final. (4) Any person who feels aggrieved by any decision of the District Court under this section may, within 1 month after the decision has been given, appeal to the Supreme Court on the ground of error or mistake in law but not otherwise. (5) An appeal under this section shall be instituted by filing in the registry or other appropriate office of the court in question a notice of appeal. PART 3—LICENCES ˙ No person to act without a licence 18.(1) Subject to this Act, no individual shall act as or carry on the business of an auctioneer or advertise, notify, or state that the individual acts as or carries on the business of an auctioneer unless— (a) the individual is the holder of a general auctioneer’s licence; or (b) the individual is the holder of a restricted auctioneer’s licence, or a provisional auctioneer’s licence, and is acting under the authority of that licence. (2) A person shall not act as auctioneer on behalf of a corporation, or a partnership, that is authorised under this Act to carry on the business of an auctioneer unless the person complies with subsection (1)(a) or (b). (3) A partnership shall not advertise, notify, or state— (a) that it acts as, or is willing to act as, an auctioneer; or (b) that it carries on or is willing to carry on the business of an auctioneer; unless a member of the partnership is the holder of a general auctioneer’s licence or a restricted auctioneer’s licence appropriate to the business of the partnership.

s 19 24 s 19 Auctioneers and Agents Act 1971 (4) Subject to this Act, no person (either alone or as a member of a partnership)— (a) shall act as a real estate agent unless the person is the holder of a real estate agent’s licence; or (b) shall act as a commercial agent unless the person is the holder of a commercial agent’s licence; or (c) shall act as a motor dealer unless the person is the holder of a motor dealer’s licence. ˙ Corporation licence 19.(1) In this section— “director” means a person validly appointed to occupy or duly authorised to act in the position of director of a corporation. “licence” means a general auctioneer’s licence, a restricted auctioneer’s licence, a real estate agent’s licence, a commercial agent’s licence or a motor dealer’s licence. “relevant business” means the business of an auctioneer, a real estate agent, a commercial agent or a motor dealer. (2) A corporation shall not— (a) act as or advertise, notify or state that it acts as, or is willing to act as, an auctioneer, a real estate agent, a commercial agent or a motor dealer; or (b) carry on or advertise, notify or state that it carries on, or is willing to carry on, a relevant business; unless it is the holder of a licence (a “corporation licence” ) appropriately endorsed under section 24(4)(b). 8 (3) A corporation licence, or the renewal or restoration of a corporation licence, may be granted to a corporation only if the following circumstances apply— (a) the corporation is— 8 Section 24 (Classes of licences)

s 19 25 s 19 Auctioneers and Agents Act 1971 (i) a company within the meaning of the Corporations Law; or (ii) a recognised company within the meaning of the Corporations Law; (b) a director of the corporation is resident in this State and, where the corporation carries on or applies for a licence to carry on— (i) only 1 relevant business, that director is the holder of a licence appropriate to that relevant business; or (ii) more than 1 relevant business, that director is the holder of each licence appropriate to each of those relevant businesses; (c) where the corporation carries on or applies for a licence to carry on— (i) business as a real estate agent, commercial agent or motor dealer, each working director (if any) is the holder of a licence appropriate to that business; or (ii) more than 1 of the businesses referred to in subparagraph (i), each working director (if any) is the holder of each licence appropriate to each of those businesses; (d) where the corporation carries on or applies for a licence to carry on— (i) business as a real estate agent, commercial agent or motor dealer, the person in charge of the sole or principal place of business is a working director or, if there is no working director, a person who is the holder of a licence appropriate to the business of the corporation; or (ii) more than 1 of the businesses referred to in subparagraph (i), the person in charge of each class of business at the sole or principal place of business is a working director or, if there is no working director, a person who is the holder of a licence appropriate to that class of business; (e) the corporation is a fit and proper person to hold a corporation licence and its executive officers are fit and proper persons to be executive officers of a corporation that holds a corporation licence; (f) the corporation and its executive officers are—

s 19 26 s 19 Auctioneers and Agents Act 1971 (i) of good fame and character; and (ii) not disqualified from holding a corporation licence, licence or certificate of registration; (g) the corporation’s executive officers are not disqualified under an order made under part 6 9 from being executive officers of a corporation that holds a corporation licence; (h) the corporation complies with all other requirements of this Act about obtaining a corporation licence or the renewal or restoration of a corporation licence. (4) For the purposes of this section and section 22— 10 “working director” means a director, resident in Queensland or within 65 km of the boundary of Queensland, who is required to devote substantially the whole of the director’s time to the service of the corporation— (a) in a managerial capacity substantially related to the relevant business of the corporation or, if the corporation carries on more than 1 relevant business, to 1 or more of those relevant businesses; or (b) in all or any of the capacities of an auctioneer, a real estate agent, a commercial agent or a motor dealer. (5) A working director or, if there is no working director— (a) a person who is in charge of the sole or principal place of business of a corporation carrying on a relevant business; or (b) where a corporation carries on more than 1 class of relevant business—each person who is in charge of each relevant business at the sole or principal place of business of the corporation; shall be deemed to be authorised by the corporation to speak on its behalf and to bind it in respect of matters relating to, or inquiries being carried out under, this Act concerning that relevant business of the corporation or, in a case referred to in paragraph (b), that class of relevant business of the 9 Part 6 (Disciplinary proceedings) 10 Section 22 (Each separate place of business to be in the charge of licensee or licensed manager)

s 20 27 s 20 Auctioneers and Agents Act 1971 corporation of which the person is in charge. (6) A corporation that is the holder of a corporation licence shall notify the registrar in writing in the approved form of the name and address of any person (whether or not the person is a director) who becomes or ceases to be— (a) an executive officer of the corporation; or (b) in charge of the sole or principal place of business of the corporation; or (c) in charge of a class of relevant business (where the corporation carries on more than 1 class of relevant business) at the sole or principal place of business of the corporation; within 14 days after the person becomes or ceases to be an executive officer or, as the case may be, in charge. (7) A director of a corporation that carries on business as a real estate agent, commercial agent or motor dealer shall not carry out any of the functions of a real estate agent or, as the case may be, a commercial agent or motor dealer in respect of that business unless the director is the holder of a licence appropriate to that business. ˙ Person deemed to act as licensee 20. Without limiting the application of section 18 or 19(2), 11 any person who— (a) has any words painted or written, or allows to remain unobliterated any words that have been painted or written, over or about the person’s premises, whether the person’s private residence or business premises, that are likely to lead to the belief or supposition that the person is the holder of any licence referred to in those sections; or (b) places or causes to be placed any placard, board, sign, writing, or thing in the public view, wherever it may be so placed, that is likely to lead to the belief or supposition that the person is the holder of any licence referred to in those sections; 11 Section 18 (No person to act without a licence) or 19 (Corporation licence)

s 21 28 s 22 Auctioneers and Agents Act 1971 shall be deemed to be acting as an auctioneer or, as the case may be, a real estate agent, a commercial agent or a motor dealer. ˙ Licensee to be in charge of principal place of business 21.(1) A licensed individual who carries on business as an auctioneer, a real estate agent, a commercial agent, or a motor dealer, on the individual’s own behalf shall be in charge of the individual’s sole or principal place of business. (2) If a partnership carries on business as— (a) a real estate agent, commercial agent, or motor dealer—a member of the partnership shall be in charge of its sole or principal place of business; or (b) an auctioneer—a member of the partnership, who is the holder of a general auctioneer’s licence or a restricted auctioneer’s licence of the kind appropriate to the business of the partnership, shall be in charge of its sole or principal place of business. ˙ Each separate place of business to be in the charge of licensee or licensed manager 22.(1) No person shall, merely because of being the holder of a real estate agent’s licence, or commercial agent’s licence, or motor dealer’s licence, keep more than 1 place for the conduct of business as a real estate agent, or commercial agent, or motor dealer, as the case may be. (2) If a licensed individual on the individual’s own behalf, or a partnership, carries on— (a) business as a real estate agent, commercial agent or motor dealer, at more than 1 place of business—the person in charge of each place of business, other than the principal place of business, shall be the holder of a licence, or a manager’s licence, appropriate to that business; or (b) more than 1 of the businesses referred to in paragraph (a) at more than 1 place of business—the person in charge of each class of business carried on at each place of business, other than the principal place of business, shall be the holder of a licence, or a

s 22 29 s 22 Auctioneers and Agents Act 1971 manager’s licence, appropriate to the class of business of which the person is in charge. (3) If a corporation, being the holder of a corporation licence appropriately endorsed under section 24(4)(b), 12 carries on— (a) business as a real estate agent, commercial agent or motor dealer, at more than 1 place of business—the person in charge of each place of business, other than the principal place of business, shall be a working director or the holder of a licence, or a manager’s licence, appropriate to that business; or (b) more than 1 of the businesses referred to in paragraph (a) at more than 1 place of business—the person in charge of each class of business carried on at each place of business, other than the principal place of business, shall be a working director or the holder of a licence, or a manager’s licence, appropriate to that class of business. (4) A person who is in charge of— (a) a place of business as mentioned in subsection (2)(a) or (3)(a); or (b) a class of business carried on at a place of business as mentioned in subsection (2)(b) or (3)(b); shall be deemed to be authorised by the person’s principal to speak on behalf of, and to bind, the principal in respect of matters relating to, or inquiries being carried out under, this Act concerning the business carried on at that place of business or, as the case may be, the class of business of which the person is in charge at that place of business. (5) A licensee shall notify the registrar in writing in the approved form of the name and address of any person in charge of, or who ceases to be in charge of— (a) a place of business as mentioned in subsection (2)(a) or (3)(a); or (b) a class of business carried on at a place of business as mentioned in subsection (2)(b) or (3)(b); within 14 days after the person takes charge or ceases to be in charge. 12 Section 24 (Classes of licences)

s 23 30 s 23 Auctioneers and Agents Act 1971 (6) No person shall, in pursuance of this section, be in charge at more than 1 place of business. (7) A manager’s licence, or the renewal or restoration of a manager’s licence, of whatever class shall not be granted to a person who— (a) is not resident in Queensland or within 65 km of the boundary of Queensland; or (b) is not 21 years of age; or (c) is not a person of good fame and character; or (e) is not a fit and proper person to hold such a licence. (8) Despite subsection (7), a manager’s licence shall not be granted to a person who has not— (a) completed, to the satisfaction of the committee, such written examination as is set by the committee unless exempted from such examination by the Minister on the recommendation of the committee; and (b) complied with such educational or other qualifications as are prescribed unless exempted by the committee from such qualifications. ˙ Franchising agreement 23.(1) In this section— “franchising agreement” means an agreement (whether written or not) under which a licensee, who is entitled to carry on business as a licensee under any name, title or description, authorises another person (who is the holder of a licence appropriate to the same class of business) to carry on business under— (a) that name, title or description; or (b) a name, title or description, implying or capable of being construed as implying that the business of that other person is being carried on by the licensee authorising the use of the name, title or description; in return for receiving a share in the profits of the business of that other person or for any other consideration.

s 24 31 s 24 Auctioneers and Agents Act 1971 (2) A licensee shall not carry on business under a franchising agreement unless the licensee has given notice to the registrar in the approved form of the licensee’s intention to do so. ˙ Classes of licences 24.(1) A licence under this Act (other than a corporation licence) shall be 1 of the following classes, namely— (a) an auctioneer’s licence; (b) a real estate agent’s licence; (c) a commercial agent’s licence; (d) a motor dealer’s licence; (e) a manager’s licence. (2) An auctioneer’s licence shall be— (a) a general auctioneer’s licence; or (b) a provisional auctioneer’s licence; or (c) a restricted auctioneer’s licence. (3) A manager’s licence shall be— (a) a manager’s (real estate agency) licence; or (b) a manager’s (commercial agency) licence; or (c) a manager’s (motor dealing) licence. (4) A licence shall be in the approved form, and shall— (a) in the case of an auctioneer’s licence, a real estate agent’s licence, a commercial agent’s licence or a motor dealer’s licence, set out— (i) the name of the licensee; and (ii) the address of the licensee’s principal place of business; or (b) in the case of a corporation licence, set out— (i) the name of the corporation; and (ii) the address of its principal place of business; and be endorsed to show the class or classes of business that the

s 25 32 s 25 Auctioneers and Agents Act 1971 corporation is authorised to carry on under section 19; 13 or (c) in the case of a manager’s licence, set out— (i) the name of the manager; and (ii) the address of the place of business at which the manager is in charge; and (iii) if the business at the place is conducted for or on behalf of— (A) an individual licensee—the licensee’s name and the address of the licensee’s principal place of business; or (B) a corporation—the name of the corporation and the address of its principal place of business. ˙ Application for licence 25.(1) Application for a licence or for the renewal or restoration of a licence shall be made in the approved form and shall— (a) specify the class of licence desired by the applicant; and (b) be lodged with the registrar; and (c) be accompanied by the prescribed fee and, where applicable, the contribution to the fund prescribed in respect of the licence in question. (2) Upon receipt of an application for a licence the registrar shall inquire into and report to the committee upon— (a) where the applicant is an individual—the fame and character and qualifications of the applicant for the licence in question; or (b) where the applicant is a corporation—the fame and character of any executive officer of the corporation and the qualifications of the corporation for the licence in question. (3) Where an application is made for renewal or restoration of a licence, the registrar may, if the registrar thinks fit, make, in respect of the applicant, further inquiries concerning the matters referred to in subsection (2)(a) or, if the applicant is a corporation, subsection (2)(b) and shall, whether or not the 13 Section 19 (Corporation licence)

s 26 33 s 26 Auctioneers and Agents Act 1971 registrar makes any such inquiries, if satisfied that the applicant is not precluded because of any provision of this Act from being granted renewal or restoration, so certify to the committee. (4) If the registrar is not so satisfied, the registrar shall so certify to the committee and report to the committee the registrar’s reasons for not being satisfied. (5) The registrar may, to assist the registrar in carrying out any inquiries under subsection (2) or (3), obtain— (a) a report from the commissioner of the police service in respect of the applicant and, if the applicant is a corporation, in respect of any executive officer of the corporation; or (b) if an applicant, or an executive officer of a corporation that is an applicant, holds or previously held a licence or certificate of registration (or similar accreditation) in respect of the business of an auctioneer, a real estate agent, a motor dealer or a commercial agent in another State—a report from the appropriate licensing authority in that State. ˙ Grant of licence 26.(1) The committee may, in its discretion, grant or refuse to grant an application for a licence or for the renewal of a licence. (2) Where the committee grants an application for a licence or for the renewal of a licence, the registrar shall issue the licence, or the renewal of the licence, under the registrar’s hand. (3) A licence— (a) shall remain in force for a period of 12 months from and including the date on which it is issued unless renewed under this section; and (b) if renewed, shall, in respect of each renewal, remain in force for a period of 12 months from and including the date on which it would, but for renewal, expire;

s 26 34 s 26 Auctioneers and Agents Act 1971 unless— (c) the committee grants the licence or the renewal of the licence for a shorter period; or (d) the licence is sooner cancelled, suspended or surrendered; or (e) the licence is deemed to continue in force under subsection (5) or section 27(4). (4) An application for the renewal of a licence shall be lodged with the registrar prior to the date on which the licence would, but for the renewal, expire. (5) If an application is made for the renewal of a licence under subsection (4) and the committee does not determine the application before the date on which the licence would, but for renewal, expire, the licence shall be deemed to continue in force from that date until such time as the committee grants or refuses the application. (6) If the committee grants an application for the renewal of a licence after the date on which it would, but for subsection (5), have expired, the licence shall be deemed to be renewed on and from that date. (7) A licensee may surrender the licensee’s licence by giving written notice in the approved form to the registrar and delivering the licence to the registrar who shall endorse on it the word ‘surrendered’ and note the register of licences, kept by the registrar under section 30, 14 accordingly. (8) Any person, with the prior approval of the Minister, may object to the grant of a licence or the renewal of a licence, and in such event— (a) the registrar shall notify the applicant that the grant of the application will be objected to, and shall set out shortly in the notice the nature of the objection proposed to be made; and (b) the hearing of the application shall not take place until after the expiration of 7 days after the lodging of the notice of objection; and (c) the hearing of the application shall be an open hearing and the applicant and the objector shall each be entitled to appear at the hearing personally or by counsel or solicitor; and 14 Section 30 (Register)

s 27 35 s 27 Auctioneers and Agents Act 1971 (d) at the hearing a barrister, solicitor, or other person appointed by the committee, may appear to examine or cross-examine witnesses or to otherwise assist the committee; and (e) the committee may make such order in respect of the costs of the hearing as it thinks fit and any costs so ordered shall be a debt due and owing to the person in whose favour the order is made and recoverable by the person in any court of competent jurisdiction. (9) A licence or a renewal of a licence shall not be granted to an individual who is disqualified from holding a licence or a certificate of registration. (10) In granting any licence or renewal of a licence the committee— (a) may grant the licence, or renewal, without terms and conditions; or (b) may grant the licence, or renewal, upon and subject to such terms and conditions as it deems fit. (11) Where a licence is granted or renewed subject to terms and conditions any renewal, or further renewal, shall, unless the committee directs otherwise, be deemed to be granted under and subject to those terms and conditions. (12) Terms and conditions imposable by the committee under this section may be imposed by it at its discretion and differently in respect of different licences or licensees. (13) The committee may at any time amend or revoke the terms and conditions of a licence or any of them. (14) If the committee refuses an application for a licence or for renewal of a licence, the secretary shall give the applicant written notice of— (a) the decision of the committee; and (b) the provision of this Act, and the ground contained in the provision, under which the application has been refused. ˙ Restoration of licence 27.(1) Where an application for renewal of a licence is not made before the date of expiry of the licence, the person who held the licence may, within

s 28 36 s 28 Auctioneers and Agents Act 1971 3 months after the date of expiry, apply for the restoration of the licence. (2) An application for restoration of a licence shall be delivered to the registrar. (3) Upon an application for restoration of a licence being made the like fees and contributions as are payable on the renewal of the licence shall be paid together with such additional fee (if any) as is prescribed in respect of an application for restoration of a licence. (4) Upon an application for restoration of a licence being made under this section, the licence shall be deemed to have continued in force from the date on which it would, but for this subsection, have expired and shall be deemed to continue in force until such time as the committee grants or refuses the application. (5) If the committee grants an application for restoration of a licence, the licence shall be deemed to be renewed from and including the date on which it would, but for subsection (4), have expired. (6) Section 26, shall, so far as it is applicable and with all necessary adaptations and modifications, apply to and in respect of an application for the restoration of a licence under this section in all respects as if the same were an application for a licence or a renewal of a licence. ˙ Fees for licences 28.(1) A regulation may prescribe the fees that shall be payable in respect of any of the following matters— (a) for an auctioneer’s licence— (i) being a general auctioneer’s licence; or (ii) being a provisional auctioneer’s licence; or (iii) being a restricted auctioneer’s licence; (b) for a real estate agent’s licence; (c) for a commercial agent’s licence; (d) for a motor dealer’s licence; (e) for a manager’s licence— (i) being a manager’s (real estate agency) licence; or

s 28 37 s 28 Auctioneers and Agents Act 1971 (ii) being a manager’s (commercial agency) licence; or (iii) being a manager’s (motor dealing) licence; (f) for an auctioneer’s licence and any 1 or more of the following licences— (i) a real estate agent’s licence; (ii) a commercial agent’s licence; (iii) a motor dealer’s licence; (g) for a corporation licence; (h) for a duplicate licence; (i) for the renewal of any licence or licences. (2) The fees referred to in subsection (1) shall be paid at the time and in the manner prescribed and where such are not prescribed shall accompany the application for a licence in respect of which the fees are payable. (3) Upon the refusal or withdrawal of an application for a licence there shall be refunded to the applicant, or to any person who appears to the registrar to be entitled to the refund, the prescribed fees and the prescribed contribution to the fund paid by the applicant in respect of the application. (4) Upon the refusal or withdrawal of an application for the renewal or restoration of a licence there shall be refunded to the applicant, or to any person who appears to the registrar to be entitled to the refund— (a) the prescribed fees for renewal of a licence paid by the applicant reduced by an amount equal to one-twelfth of the prescribed fees; and (b) the prescribed contribution to the fund reduced by an amount equal to one-twelfth of the contribution; for each whole month during which the applicant’s licence was deemed to continue in force under section 26(5) 15 or, in the case of an application for restoration, section 27(4). 16 (5) Nothing in subsection (4) requires a refund to be made— 15 Section 26 (Grant of licence) 16 Section 27 (Restoration of licence)

s 29 38 s 29 Auctioneers and Agents Act 1971 (a) in any case where the applicant applied for the renewal of licences for 2 or more classes of business and the renewal of at least 1 licence is granted; or (b) of any additional fee prescribed under section 27(3) in respect of an application for restoration of a licence. (6) If the committee grants a licence or the renewal or restoration of a licence for a period of less than 12 months, there shall be refunded to the licensee, or to any person who appears to the registrar to be entitled to the refund— (a) the prescribed fees for an application for a licence or, as the case may be, the renewal or restoration of a licence reduced by an amount equal to one-twelfth of the prescribed fees; and (b) the prescribed contribution to the fund reduced by an amount equal to one-twelfth of the contribution; for each whole month for which the licensee was granted the licence or, as the case may be, the renewal or restoration of the licence. ˙ Cancellation of licences generally 29.(1) If a licensee is convicted of an indictable offence that exhibits fraud or dishonesty on the offender’s part or is against sexual morality or constitutes an assault or exhibits violence against the person on the offender’s part, the licence of the convicted person shall be deemed to be ipso facto cancelled. (2) For subsection (1), a person is taken to have been convicted of an indictable offence if the person is summarily convicted of an indictable offence. (3) Subsection (2) applies— (a) whether or not a conviction is recorded; and (b) despite any other Act or law. (4) If any licensee is convicted of an offence against this Act, the court may, if it thinks fit, in addition to any other penalty or punishment, cancel the licence of the convicted person and may further order that the convicted person be disqualified either permanently or for such period as the court

s 29 39 s 29 Auctioneers and Agents Act 1971 may order from holding any licence or licences under this Act. (5) Where any court is of opinion that any person who has been charged before that court with any offence, or who is a party to any proceeding before that court, is not a fit and proper person to hold a licence under this Act, the court may, in addition to any other order, cancel the licence and may further order that the person be disqualified either permanently or for such period as the court may order from holding any licence or licences under this Act. (6) Where the court under subsection (4) cancels a licence or, upon application for such cancellation, refuses to cancel a licence, an appeal shall lie in all respects and in the same manner as if an order of cancellation of a licence were an imposition of a penalty or punishment. (7) Subject to subsection (8), where a licence has been cancelled under part 6, or under this section, a person shall not— (a) carry on business as such or advertise or in any manner hold out that the person carries on business as such— (i) under the name, or a name nearly resembling the name, under which a person whose licence has been cancelled was carrying on business as a licensee when the person’s licence was cancelled; or (ii) under a name implying or capable of being construed as implying that the person is the successor in business, or in any way interested or concerned in continuing the business as a licensee, of a person whose licence has been cancelled; or (b) in connection with the person’s business or the name of the person’s business as such, use any word or words associating the person or the person’s business as a licensee in any way with a person or the business of a person whose licence has been cancelled. (8) Subsection (7) shall not apply in respect of the carrying on by a licensee of the licensee’s business as such under the licensee’s true name without any addition or adaptation and in particular without any words of association as specified in that subsection. (9) Where a court, under this section, cancels a licence, the registrar or

s 30 40 s 31 Auctioneers and Agents Act 1971 clerk of such court shall advise the registrar of auctioneers and agents within 7 days of the making of the cancellation. ˙ Register 30.(1) The registrar shall keep a register of all licences and of all renewals, restorations, suspensions and cancellations of licences, and of all refusals of applications and of all disqualifications, which register shall be available at the office of the registrar during normal working hours for perusal by any person upon payment of the prescribed fee. (2) A certificate purporting to be signed by the registrar stating that a person was or was not on any date, or during any period, the holder of a licence shall be evidence and, in the absence of evidence to the contrary, conclusive evidence in all proceedings of the matters stated in the certificate. PART 4—REGISTRATION OF SALESPERSONS ETC. ˙ Certain employees to be registered 31.(1) No person shall act as, or notify that the person is available for employment as, a real estate salesperson unless the person is the holder of a certificate of registration under this part as a real estate salesperson. (2) No real estate agent shall employ or continue to employ as a real estate salesperson any person who is not the holder of a certificate of registration under this part as a real estate salesperson, endorsed in relation to that real estate agent. (3) No person shall act as, or notify that the person is available for employment as, a commercial subagent unless the person is the holder of a certificate of registration under this part as a commercial subagent. (4) No commercial agent shall employ or continue to employ as a commercial subagent any person who is not the holder of a certificate of registration under this part as a commercial subagent, endorsed in relation to that commercial agent. (5) No person shall act as, or notify that the person is available for

s 31 41 s 31 Auctioneers and Agents Act 1971 employment as, a motor salesperson unless the person is the holder of a certificate of registration under this part as a motor salesperson. (6) No motor dealer shall employ or continue to employ as a motor salesperson any person who is not the holder of a certificate of registration under this part as a motor salesperson, endorsed in relation to that motor dealer. (7) No corporation that is the holder of a corporation licence shall employ or continue to employ as a real estate salesperson, commercial subagent, or motor salesperson any person who is not the holder of a certificate of registration under this part as a real estate salesperson, commercial subagent, or motor salesperson, as the case may be, endorsed in relation to that corporation. (8) Nothing in this section prevents— (a) a person who is the holder of a licence as a real estate agent, commercial agent or motor dealer or a manager’s licence in respect of any such business from acting as, or notifying that the person is available for employment as a real estate salesperson or, as the case may be, a commercial subagent or a motor salesperson; or (b) a licensee from employing a person, who is the holder of a licence or a manager’s licence, referred to in paragraph (a), as a real estate salesperson or, as the case may be, a commercial subagent or a motor salesperson. (9) A person referred to in subsection (8) who obtains employment as a real estate salesperson, commercial subagent or motor salesperson shall immediately notify the registrar of the address of the person’s place of employment and the name of the person’s employer and shall not, in the case of a person so employed who is the holder of a licence as a real estate agent, commercial agent or motor dealer— (a) carry on the business appropriate to the person’s licence on the person’s own behalf; or (b) act as an executive officer of a corporation that carries on a business of the same class as that in respect of which the person is licensed; unless the person has obtained the approval of the committee to do so.

s 32 42 s 32 Auctioneers and Agents Act 1971 ˙ Application for registration 32.(1) An application for registration as a real estate salesperson, commercial subagent, or motor salesperson, or for the renewal or restoration of such a registration, shall be made in the approved form and shall— (a) specify the class of registration desired by the applicant; and (b) be lodged with the registrar; and (c) be accompanied by— (i) a notification by a real estate agent, commercial agent, or motor dealer that the agent or dealer intends to employ or to continue to employ the applicant as a real estate salesperson, commercial subagent, or motor salesperson, as the case may be; and (ii) the prescribed fee. (2) Upon receipt of the application the registrar shall inquire into and report to the committee upon the fame and character and qualifications of the applicant. (3) Where an application is made for renewal or restoration of registration as a real estate salesperson, commercial subagent or motor salesperson, the registrar may, if the registrar thinks fit, make, in respect of the applicant, further inquiries concerning the matters referred to in subsection (2) and shall, whether or not the registrar makes any such inquiries, if satisfied that the applicant is not precluded because of any provision of this Act from being granted renewal or restoration, so certify to the committee. (4) If the registrar is not so satisfied, the registrar shall so certify to the committee and report to the committee the reasons for not being satisfied. (5) The registrar may, to assist the registrar in carrying out any inquiries under subsection (2) or (3), obtain— (a) a report from the commissioner of the police service in respect of the applicant; and (b) if the applicant holds or previously held a licence or certificate of registration (or similar accreditation) in respect of the business of an auctioneer, a real estate agent, a motor dealer or a commercial

s 33 43 s 33 Auctioneers and Agents Act 1971 agent in another State—a report from the appropriate licensing authority in that State. ˙ Grant of registration 33.(1) The committee may, in its discretion, grant or refuse to grant an application for registration or for the renewal of registration as a real estate salesperson, commercial subagent, or motor salesperson. (2) Where the committee grants an application for registration or for renewal under this section, the registrar shall issue a certificate of registration or renewal under the registrar’s hand. (3) A certificate of registration shall set out the name and residential address of the holder of the certificate. (4) A certificate of registration— (a) shall remain in force for a period of 12 months from and including the date on which it is issued unless renewed under this section; and (b) if renewed, shall, in respect of each renewal, remain in force for a period of 12 months from and including the date on which it would, but for the renewal, expire; unless— (c) the committee grants the certificate or the renewal of the certificate for a shorter period; or (d) the certificate is sooner cancelled, suspended or surrendered; or (e) the certificate is deemed to continue in force under subsection (6) or section 34(3). (5) An application for the renewal of a certificate of registration shall be lodged with the registrar prior to the date on which the certificate would, but for the renewal, expire. (6) If an application is made for the renewal of a certificate of registration under subsection (5) and the committee does not determine the application before the date on which the certificate would, but for renewal, expire, the certificate shall be deemed to continue in force from that date until such time as the committee grants or refuses the application.

164 Auctioneers and Agents Act 1971 Beneficial interest s 71 amd 1972 No. 36 s 33; 1975 No. 82 s 16 sub 1985 No. 94 s 53 amd 1991 No. 97 s 3 sch 2 False representations as to property s 72 amd 1985 No. 94 s 54; 1995 No. 57 s 4 sch 1; 1995 No. 58 s 4 sch 1 Representations as to availability of finance s 73 amd 1985 No. 94 s 55; 1991 No. 97 s 3 sch 2; 1995 No. 57 s 4 sch 1 Lands not lawfully usable for residential purposes s 74 amd 1985 No. 94 s 56; 1991 No. 97 s 3 sch 2; 1995 No. 57 s 4 sch 1 When the Minister may cancel licences s 75 amd 1972 No. 36 s 35; 1984 No. 41 s 4 sch (as amd 1985 No. 43 s 21(b)); 1997 No. 40 s 2 sch Restriction on remedy for commission s 76 amd 1975 No. 82 s 18; 1985 No. 94 s 57 Offence to charge fee for preparing document s 77 ins 1985 No. 94 s 58 amd 1991 No. 97 s 3 sch 2 Offence to demand excess or improper remuneration s 78 amd 1985 No. 94 s 59; 1995 No. 57 s 4 sch 1 Prohibited practices s 79 ins 1975 No. 82 s 19 amd 1985 No. 94 s 60 Appointment of substitute licensee s 82 amd 1972 No. 36 s 36; 1988 No. 22 s 19 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Death of licensee s 83 amd 1988 No. 22 s 20 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Effect of disqualification on membership of corporation or partnership s 84 sub 1985 No. 94 s 61 amd 1988 No. 22 s 21 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7); 1995 No. 57 s 4 sch 1 Lending licence or certificate of registration s 85 amd 1985 No. 94 s 62; 1995 No. 57 s 4 sch 1 Registered office and address s 88 amd 1985 No. 94 s 63; 1988 No. 22 s 22; 1995 No. 57 s 4 sch 1; 1995 No. 57 s 4 sch 1 Publication of name of licensee s 89 amd 1972 No. 36 s 37; 1985 No. 94 s 64; 1988 No. 22 s 23 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7); 1991 No. 97 s 3 sch 2

165 Auctioneers and Agents Act 1971 PART 6—DISCIPLINARY PROCEEDINGS pt hdg ins 1985 No. 94 s 65 Interpretation of part s 90 ins 1985 No. 94 s 65 Grounds for exercise of disciplinary powers against licensed or registered individual s 91 ins 1985 No. 94 s 65 amd 1988 No. 22 s 24; 1993 No. 82 s 9; 1995 No. 57 s 4 sch 1 Grounds for exercise of disciplinary powers against corporation s 92 ins 1985 No. 94 s 65 amd 1993 No. 82 s 10 Division 1A—Body corporate manager’s accounts div hdg ins 1988 No. 22 s 28 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Wrongful conversion and false accounts s 92A ins 1988 No. 22 s 28 (as amd 1988 No. 88 s 3 sch 1) (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Appointment of auditors s 92B ins 1988 No. 22 s 28 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Remote localities s 92C ins 1988 No. 22 s 29 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Audit of accounts under sole control of body corporate manager s 92D ins 1988 No. 22 s 29 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Inspection, audit etc., by registrar or inspector s 92E ins 1988 No. 22 s 29 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Duties of bank managers s 92F ins 1988 No. 22 s 30 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Entries in body corporate manager’s books deemed made by him s 92G ins 1988 No. 22 s 30 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Accounts that are liable to audit s 92H ins 1988 No. 22 s 30 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Application of division to body corporate s 92I ins 1988 No. 22 s 30 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7)

166 Auctioneers and Agents Act 1971 Commencement of disciplinary proceedings s 93 ins 1985 No. 94 s 65 Copy of complaint to executive officer s 94 ins 1985 No. 94 s 65; 1991 No. 97 s 3 sch 2 Hearing s 95 ins 1985 No. 94 s 65 Disciplinary powers of committee s 96 ins 1985 No. 94 s 65 amd 1995 No. 57 s 4 sch 1 Recovery of fine or costs s 97 ins 1985 No. 94 s 65 amd 1991 No. 97 s 3 sch 2 Disqualification of unlicensed executive officer s 98 ins 1985 No. 94 s 65 Committee to give reasons s 99 ins 1985 No. 94 s 65 amd 1988 No. 22 s 25 Surrender of cancelled licence or certificate of registration s 100 ins 1985 No. 94 s 65 amd 1991 No. 97 s 3 sch 2 Suspension of licence or certificate of registration s 101 ins 1985 No. 94 s 65 amd 1991 No. 97 s 3 sch 2 Effect of order of suspension s 102 ins 1985 No. 94 s 65 Exemptions s 103 sub 1995 No. 57 s 4 sch 1 Application of trust money s 104 amd 1972 No. 36 s 38; 1985 No. 94 s 66; 1988 No. 22 s 26; 1991 No. 41 s 5; 1991 No. 97 s 3 sch 2; 1992 No. 12 s 66 sch; 1993 No. 82 s 11; 1995 No. 57 s 4 sch 1 Wrongful conversion and false accounts s 106 amd 1985 No. 94 s 67; 1988 No. 88 s 3 sch 1; 1995 No. 57 s 4 sch 1 Application of s 106 to accounts of body corporate managers s 106A ins 1988 No. 22 s 34 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Trust account of employers s 107 amd 1972 No. 36 s 39; 1991 No. 41 s 6 Appointment of auditors s 108 amd 1985 No. 94 s 68; 1990 No. 85 s 5 sch 2; 1991 No. 97 s 3 sch 2; R1 (see RA s 37)

167 Auctioneers and Agents Act 1971 Audit of trust accounts s 110 amd 1972 No. 36 s 40; 1978 No. 70 s 7; 1985 No. 94 s 69; 1991 No. 97 s 3 sch 2; R1 (see RA s 37) Inspection, audit etc. by registrar or inspector s 111 amd 1972 No. 36 s 41; 1975 No. 82 s 20; 1984 No. 41 s 4 sch (as amd 1985 No. 43 s 21(b)); 1985 No. 94 s 70; 1993 No. 82 s 3 sch 1; 1995 No. 57 s 4 sch 1; 1995 No. 58 s 4 sch 1 Duties of managers of financial institutions s 112 amd 1972 No. 36 s 42; 1975 No. 82 s 21; 1985 No. 94 s 71; 1991 No. 41 s 7; 1993 No. 82 s 3 sch 1 Entries in licensee’s books deemed made by licensee s 113 amd 1981 No. 26 s 3 Auctioneers and agents fidelity guarantee fund s 114 amd 1985 No. 94 s 72; 1989 No. 19 s 57(3); 1991 No. 41 s 8; 1999 No. 29 s 50 sch Contributions to fund s 115 amd 1972 No. 36 s 43; 1975 No. 82 s 22; 1985 No. 94 s 73; 1988 No. 22 ss 3, 31 (s 31 never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Additional levies s 116 amd 1975 No. 82 s 23; 1985 No. 94 s 74 Registrar may enter into agreements with financial institutions s 117 sub 1991 No. 41 s 9 amd 1993 No. 82 s 12 Interest on money in the fund s 118 amd 1972 No. 36 s 45; 1975 No. 82 s 25 Application of fund s 119 amd 1975 No. 82 s 26; 1984 No. 41 s 4 sch; 1985 No. 94 s 76; 1988 No. 22 s 32 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7); 1991 No. 41 s 10; 1991 No. 97 s 3 sch 2; 1995 No. 1 ss 9, 3 sch 1 Claims against the fund s 120 amd 1972 No. 36 s 47; 1993 No. 82 s 13; 1995 No. 1 s 10; 1995 No. 57 s 4 sch 1 Advertisement relating to defaulting licensee and claims s 121 amd 1972 No. 36 s 48; 1995 No. 57 s 4 sch 1 Distribution from fund s 122 amd 1972 No. 36 s 49; 1985 No. 94 s 77 Subrogation s 124 ins 1993 No. 82 s 14

168 Auctioneers and Agents Act 1971 Directors to compensate fund s 125 ins 1985 No. 94 s 78 amd 1988 No. 22 s 33 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Freezing of trust accounts and ultimate disposal of trust money of defaulting licensees s 128 amd 1972 No. 36 s 50; 1975 No. 82 s 27; 1985 No. 94 s 79; 1991 No. 97 s 3 sch 2; 1993 No. 82 s 3 sch 1; 1995 No. 57 s 4 sch 1 Interpretation s 129 amd 1993 No. 82 s 3 sch 1 Appointment of receiver in certain cases s 130 amd 1988 No. 22 s 35 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Receiver may forbid withdrawal of money from financial institution s 133 prev s 133 ins 1995 No. 57 s 4 sch 1 om R3 (see RA s 37) pres s 133 amd 1993 No. 82 s 3 sch 1 PART 8—PASTORAL HOUSES pt hdg ins 1985 No. 94 s 81 Interpretation s 149 ins 1985 No. 94 s 81; 1995 No. 57 s 4 sch 1 Pastoral house corporation licence s 150 ins 1985 No. 94 s 81 amd 1988 No. 22 s 36 Licensed pastoral house may act as real estate agent and auctioneer s 151 ins 1985 No. 94 s 81 amd 1988 No. 22 s 37 Pastoral house corporation licence deemed to be corporation licence s 152 ins 1985 No. 94 s 81 Pastoral house director’s licence, pastoral house manager’s licence and pastoral house auctioneer’s licence s 153 ins 1985 No. 94 s 81 Holder of pastoral house director’s licence may act as real estate agent s 154 ins 1985 No. 94 s 81 Pastoral house director’s licence deemed to be real estate agent’s licence s 155 ins 1985 No. 94 s 81 Holder of pastoral house manager’s licence may act as holder of manager’s (real estate agency) licence s 156 ins 1985 No. 94 s 81 Pastoral house manager’s licence deemed to be manager’s (real estate agency) licence s 157 ins 1985 No. 94 s 81

169 Auctioneers and Agents Act 1971 Holder of pastoral house auctioneer’s licence may act as auctioneer s 158 ins 1985 No. 94 s 81 amd 1988 No. 22 s 38 Pastoral house auctioneer’s licence deemed to be general auctioneer’s licence s 159 ins 1985 No. 94 s 81 Licence to be endorsed with name of pastoral house s 160 ins 1985 No. 94 s 81 Surrender of licence s 161 ins 1985 No. 94 s 81 Licence holder to act only for pastoral house endorsed on licence s 162 ins 1985 No. 94 s 81 Committee may grant licences subject to conditions s 163 ins 1985 No. 94 s 81 Employee may act as real estate salesperson s 164 ins 1985 No. 94 s 81 Fees and contributions for licences s 165 ins 1985 No. 94 s 81 Pastoral house to notify registrar s 166 ins 1985 No. 94 s 81 amd 1995 No. 57 s 4 sch 1 Proof that a person is or is not licensed s 167 amd 1988 No. 22 s 39 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Civil remedies not affected s 168 amd 1988 No. 22 s 40 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Offences by corporations s 169 amd 1988 No. 22 s 41 (never proclaimed into force and om 1994 No. 87 s 4(1) sch 7) Offences generally s 170 amd 1985 No. 94 s 82; 1991 No. 97 s 3 sch 2; 1995 No. 57 s 4 sch 1 Service of documents s 171 ins 1985 No. 94 s 83 amd 1988 No. 22 s 42 References to repealed Act s 172 ins 1994 No. 87 s 3 sch 2 Approval of forms s 173 ins 1995 No. 57 s 4 sch 1

170 Auctioneers and Agents Act 1971 Regulation making power s 174 amd 1972 No. 36 s 51; 1975 No. 82 s 28; 1985 No. 94 s 84; 1988 No. 22 s 43; 1991 No. 97 s 3 sch 2; 1993 No. 82 s 3 sch 1; 1995 No. 57 s 4 sch 1; 1995 No. 58 s 4 sch 1 Approved forms s 175 ins 1991 No. 97 s 3 sch 2 sub 1995 No. 57 s 4 sch 1 exp 28 February 1996 (see s 175(3)) ´ 8 Table of renumbered provisions TABLE OF RENUMBERED PROVISIONS under the Reprints Act 1992 s 43 as required by the Auctioneers and Agents Act 1971 s 133 Previous Renumbered as 5 ................................... 2 5, def “commercial agent”, (ba) . . . . . . . . . 2, def “commercial agent”, (c) 5, def “commercial agent”, (c) . . . . . . . . . . 2, def “commercial agent”, (d) 5, def “commercial agent”, (d) . . . . . . . . . . 2, def “commercial agent”, (e) 5, def “commercial agent”, (e) . . . . . . . . . . 2, def “commercial agent”, (f) 5, def “commercial agent”, (f) . . . . . . . . . . 5, def “commercial agent”, (g) 5, def “commercial agent”, (g) . . . . . . . . . . 2, def “commercial agent”, (h) 5, def “commercial agent”, (h) . . . . . . . . . . 2, def “commercial agent”, (i) 5A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 5A(1)(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(1)(b) 5A(1)(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(1)(c) 5A(1)(e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(1)(d) 5A(1)(f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(1)(e) 5A(1)(h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(1)(f) 5A(1)(i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(1)(g) 5A(1)(j) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(1)(h) 5A(1)(k) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(1)(i) 5A(1)(l) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(1)(j) 5B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 5D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 5E . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 6 ................................... 8 6(2A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8(3) 6(2B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8(4) 6(2BA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8(5) 6(2C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8(6) 6(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8(7)

171 Auctioneers and Agents Act 1971 6(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8(8) 6(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8(9) 6(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8(10) 6(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8(11) 7 ................................... 9 7(h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9(g) 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 12B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 13(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16(2) 13(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16(3) 13A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 13A(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17(3) 13A(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17(4) 13A(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17(5) 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 14A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 14B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 14C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 15(3A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22(4) 15(3B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22(5) 15(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22(6) 15(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22(7) 15(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22(8) 15A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 16(4)(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24(4)(c) 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 17(1)(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25(1)(a) 17(1)(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25(1)(b) 17(1)(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25(1)(c) 17(3A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25(4) 17(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25(5) 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 18(4A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26(5) 18(4B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26(6) 18(4C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26(7) 18(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26(8) 18(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26(9) 18(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26(10) 18(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26(11)

172 Auctioneers and Agents Act 1971 18(9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26(12) 18(10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26(13) 18(11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26(14) 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 21(1)(i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28(1)(h) 21(1)(j) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28(1)(i) 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 23(2A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29(3) 23(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29(4) 23(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29(5) 23(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29(6) 23(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29(7) 23(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29(8) 23(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29(9) 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 27(1)(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32(1)(a) 27(1)(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32(1)(b) 27(1)(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32(1)(c) 27(3A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32(4) 27(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32(5) 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 28(4A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33(5) 28(4B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33(6) 28(4C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33(7) 28(4D) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33(8) 28(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33(9) 28(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33(10) 28(6A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33(11) 28(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33(12) 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 33 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 35(4A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40(5) 35(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40(6) 35(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40(7) 35(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40(8) 36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 39 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43

173 Auctioneers and Agents Act 1971 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 42 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 42(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45(2) 42(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45(3) 42(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45(4) 42(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45(5) 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 46 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 47 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 48 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 49 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52 50 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 51 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54 52 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 53 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 54 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 55 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 56 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 57 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 58 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61 58A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 59 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 59A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 59B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65 60 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66 60A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67 61 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68 62 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 62(4A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69(5) 62(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69(6) 62(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69(7) 62(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69(8) 62(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69(9) 62(9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69(10) 63 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70 64 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71 65 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72 65(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72(2) 65(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72(3) 65(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72(4) 65(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72(5) 65(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72(6) 65(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72(7) 66 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73

174 Auctioneers and Agents Act 1971 68 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 69 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75 69(1)(ba) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75(1)(c) 69(1)(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75(1)(d) 70 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76 70A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77 71 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 71A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 72 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 73 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81 74 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82 75 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83 76 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 77 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 78 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86 79 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87 80 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88 80(3A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88(4) 80(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88(5) 80(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88(6) 81 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89 81(6A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89(7) 81(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89(8) pt 5A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pt 6 81A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90 81B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91 81B(ba) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91(c) 81B(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91(d) 81B(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91(e) 81B(e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91(f) 81B(f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91(g) 81B(g) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91(h) 81B(h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91(i) 81C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92 81C(ba) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92(c) 81C(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92(d) 81C(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92(e) 81C(e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92(f) 81C(f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92(g) 81C(g) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92(h) 81C(h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92(i) 81C(i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92(j) 81D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93 81E . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94 81F . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95 81G . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96

175 Auctioneers and Agents Act 1971 81H . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 81I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98 81J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 81K . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 81K(2A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100(3) 81K(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100(4) 81K(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100(5) 81L . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101 81M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102 pt 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pt 7 82 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 103 83 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104 83(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(2) 83(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(3) 83(2A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(4) 83(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(5) 83(3A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(6) 83(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(7) 83(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(8) 83(5A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(9) 83(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(10) 83(6A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(11) 83(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(12) 83(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(13) 83(9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(14) 83(10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(15) 83(11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(16) 83(12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104(17) 84 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105 85 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106 86 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107 87 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 108 87(1)(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 108(1)(a) 87(1)(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 108(1)(b) 88 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109 89 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110 89(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110(2) 89(1B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110(3) 89(1C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110(4) 89(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110(5) 89(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110(6) 89(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110(7) 90 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111 90(1)(aa) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(1)(b) 90(1)(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(1)(c) 90(5A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(6)

176 Auctioneers and Agents Act 1971 90(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(7) 90(6)(aa) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(7)(b) 90(6)(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(7)(c) 90(6)(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(7)(d) 90(6)(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(7)(e) 90(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(8) 90(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(9) 90(9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(10) 90(10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111(11) 91 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 112 92 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113 93 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 114 94 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115 95 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116 96 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117 97 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118 98 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119 98(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119(2) 98(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119(3) 98(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119(4) 98(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119(5) 98(4A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119(6) 98(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119(7) 98(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119(8) 99 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120 99(2A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120(3) 99(2B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120(4) 99(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120(5) 99(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120(6) 99(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120(7) 100 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121 101 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 122 102 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123 103 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124 103A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125 104 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126 105 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127 106 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128 106(13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128(12) 106(14) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128(13) 106(15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128(14) 106(16) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128(15) 107 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 129 108 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 130 109 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131 110 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132

177 Auctioneers and Agents Act 1971 111 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 133 112 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 134 113 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135 114 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136 115 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137 116 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 138 117 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 139 118 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 140 119 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 141 120 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 142 121 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143 122 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 144 123 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 145 124 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146 125 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 147 126 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 148 pt 6A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pt 8 126A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 149 126B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150 126C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151 126D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 152 126E . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 153 126F . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 154 126G . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155 126H . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 156 126I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 157 126J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 158 126K . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 159 126L . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160 126M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 161 126N . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 162 126O . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163 126P . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 164 126Q . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165 126R . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 166 pt 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pt 9 127 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 167 128 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 168 129 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 169 130 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170 130A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 171 130B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 172 130C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 173 131 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 174 132 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 175

178 Auctioneers and Agents Act 1971 ´ 9 Transitional and savings provisions Auctioneers and Agents Amendment Act 1991 No. 41 s 13 provides— Transitional provision 13. Despite the amendments of the Auctioneers and Agents Act 1971 made by this Act, that Act continues to apply to and in respect of all money received by auctioneers, real estate agents, commercial agents and motor dealers before the commencement of this section, as if this Act had not been enacted. © State of Queensland 1999