Property, Stock and Business Agents (Auctioneers Qualifications) Order 2009 (NSW)

I, the Commissioner for Fair Trading, Department of Commerce, in pursuance of section 21 of the Property, Stock and Business Agents Act 2002, make the following Order.

Dated, this 15th day of June 2009.

Commissioner for Fair Trading, Department of Commerce

1Name of Order

This Order is the Property, Stock and Business Agents (Auctioneers Qualifications) Order 2009.

2Commencement

This Order commences on the day on which it is published in the Gazette.

3Definitions

In this Order:

registered training organisation has the same meaning as in the Vocational Education and Training Act 2005.

the Act means the Property, Stock and Business Agents Act 2002.

4Approved qualification in respect of real estate agent’s licence

For the purposes of section 21 of the Act, the holder of a real estate agent’s licence has approved qualifications for accreditation as an auctioneer if:

• (a)

  a registered training organisation has issued the person with a statement of attainment or a qualification demonstrating competency in both of the following units of competency:

  • (i)

    CPPDSM4004A—Conduct auction,

  • (ii)

    CPPDSM4019A—Prepare for auction and complete sale, or

• (b)

  before 1 June 2012, a registered training organisation has issued the person with a statement of attainment or a qualification demonstrating competency in PRD01 Unit of Competency PRDRE26A—Conduct property sale by auction.

5Approved qualification in respect of stock and station agent’s licence

For the purposes of section 21 of the Act, the holder of a stock and station agent’s licence has approved qualifications for accreditation as an auctioneer if:

• (a)

  a registered training organisation has issued the person with a statement of attainment or a qualification demonstrating competency in both of the following units of competency:

  • (i)

    CPPDSM4039A—Conduct livestock sale by auction,

  • (ii)

    CPPDSM4037A—Conduct auction of rural property, or

• (b)

  before 1 June 2012, a registered training organisation has issued the person with a statement of attainment or a qualification demonstrating competency in both of the following units of competency:

  • (i)

    PRD01 Unit of Competency PRDSSA23A—Conduct auction sale,

  • (ii)

    PRD01 Unit of Competency PRDSSA32A—Conduct livestock sale by auction.

6Underpinning knowledge based on New South Wales law

The underpinning knowledge for a unit of competency from the Property Services Training Package (CPP07), or the Property Development and Management Training Package (PRD01), must be based on New South Wales law for the unit of competency to be included in a qualification approved by this Order.

7Repeal

The Property, Stock and Business Agents (Auctioneers Qualifications) Order 2003 is repealed.