Property, Stock and Business Agents Amendment (Penalty Notice Offence) Regulation 2009 (NSW)

2009 No 135

New South Wales

Property, Stock and Business Agents Amendment (Penalty Notice Offence) Regulation 2009

under the

Property, Stock and Business Agents Act 2002

Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Property, Stock and Business Agents Act 2002.

VIRGINIA JUDGE, MP Minister for Fair Trading

Explanatory note
The object of this Regulation is to prescribe an offence under section 37 (2) of the Property, Stock and Business Agents Act 2002 as an offence in respect of which a penalty notice (“on-the-spot” fine) may be issued. Section 37 (2) makes it an offence for a licensee or registered person under that Act to contravene a prescribed rule of conduct without reasonable excuse.

This Regulation is made under sections 216 and 230 (the general regulation-making power) of the Property, Stock and Business Agents Act 2002.

Published LW 24 April 2009	Page 1
2009 No 135	Property, Stock and Business Agents Amendment (Penalty Notice Offence)
Clause 1	Regulation 2009

Property, Stock and Business Agents Amendment

(Penalty Notice Offence) Regulation 2009

under the

Property, Stock and Business Agents Act 2002

1      Name of Regulation

This Regulation is the Property, Stock and Business Agents Amendment
(Penalty Notice Offence) Regulation 2009.

2 Amendment of Property, Stock and Business Agents Regulation 2003

Schedule 15 (Penalty notice offences)

Insert after the matter relating to section 35 (2), in Columns 1, 2 and 3, respectively:

section 37 (2) $550 $1,100