Fair Trading (Savings and Transitional) Regulation 1997 (NSW)

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His Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Fair Trading Act 1987.

Minister for Fair Trading

1Name of Regulation

This Regulation is the Fair Trading (Savings and Transitional) Regulation 1997.

2Commencement

This Regulation is taken to have commenced on 1 August 1997 (the date of commencement of the Fair Trading Legislation Amendment Act 1997).

3Notes

The explanatory note and table of contents do not form part of this Regulation.

4Continuation of appointment of certain persons

A person appointed by the Property Services Council under section 83 of the Property, Stock and Business Agents Act 1941 (as in force immediately before 1 August 1997) to examine the trusts and other accounts kept by a licensee (within the meaning of that Act) in connection with the licensee’s business is taken to have been appointed under section 64S of that Act by the Director-General of the Department of Fair Trading to examine the accounts kept by that licensee (or former licensee) in connection with the licensee’s business.

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