Auctioneers and Agents (Exemptions) Amendment Regulation (No. 3) 1997 (Qld)

Queensland Subordinate Legislation 1997 No. 402 Auctioneers and Agents Act 1971 AUCTIONEERS AND AGENTS (EXEMPTIONS) AMENDMENT REGULATION (No. 3) 1997 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Regulation amended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Renumbering of s 3 (Exemption for obtaining provisional auctioneer’s licence) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 4 Insertion of new ss 3 and 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Exemption for obtaining corporation licence—Bayersville Resource Recovery Centre Inc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 4 Exemption for obtaining corporation licence—Commander Credit and Collection Company Pty Ltd . . . . . . . . . . . . . . . . . . . . . . 3

s1 2 s4 Auctioneers and Agents (Exemptions) Amendment (No. 3) No. 402, 1997 ˙ Short title 1. This regulation may be cited as the Auctioneers and Agents (Exemptions) Amendment Regulation (No. 3) 1997 . ˙ Regulation amended 2. This regulation amends the AuctioneersandAgents(Exemptions)Regulation 1995 . ˙ Renumbering of s 3 (Exemption for obtaining provisional auctioneer’s licence) 3. Section 3— renumber as section 5. ˙ Insertion of new ss 3 and 4 4. After section 2— insert— ˙ ‘ Exemption for obtaining corporation licence—Bayersville Resource Recovery Centre Inc ‘ 3.(1) Bayersville Resource Recovery Centre Inc ( “Bayersville” ) is exempted from sections 19(3)(a), (b) and (c) and 125 of the Act. ‘ (2) The exemption applies only for the business of Bayersville, on its own behalf, acquiring used motor vehicles from a Mackay City Council refuse facility and— (a) breaking them up for sale, piecemeal; or (b) selling them piecemeal. ‘ (3) The exemption is on the following conditions— (a) Bayersville’s only place of business will at all times be at Mackay; (b) either—

s4 3 s4 Auctioneers and Agents (Exemptions) Amendment (No. 3) No. 402, 1997 (i) the person in charge of the place of business must be a member of Bayersville’s management committee; or (ii) if the person in charge of the place of business is not a member of the management committee—a member of the management committee who holds an appropriate licence must adequately supervise the conduct of the business of Bayersville mentioned in subsection (2). ‘ (4) The exemption is suspended for any period during which Bayersville is contravening a condition. ‘ (5) In this section— “appropriate licence” means a motor dealer’s licence under which the person may act as a motor dealer for the business mentioned in subsection (2). “management committee” , of Bayersville, means Bayersville’s management committee under the AssociationsIncorporationAct 1981 . ˙ ‘ Exemption for obtaining corporation licence—Commander Credit and Collection Company Pty Ltd ‘ 4.(1) Commander Credit and Collection Company Pty Ltd ACN 001 710 025 ( “Commander” ) is exempted from section 19(3)(b) of the Act. ‘ (2) The exemption applies only for the business of a commercial agent. ‘ (3) The exemption is on the following conditions— (a) Commander must comply with its undertaking dated 1 July 1996 addressed to the Department of Consumer Affairs and as if it were addressed to the State; (b) if the Act requires money received by Commander to be paid into a general trust account with an approved financial institution, the money must be paid into a general trust account in Queensland with an approved financial institution. ‘ (4) The exemption is suspended for any period during which Commander is contravening a condition.’.

4 Auctioneers and Agents (Exemptions) Amendment (No. 3) ENDNOTES 1. Made by the Governor in Council on 27 November 1997. 2. Notified in the gazette on 28 November 1997. 3. Laid before the Legislative Assembly on . . . 4. The administering agency is the Consumer Affairs Office. © State of Queensland 1997 No. 402, 1997