Untitled document

Estate Agents (General, Accounts and Audit) (Amendment) Regulations 2006

S.R. No. 105/2006

TABLE OF PROVISIONS

Regulation  Page

1.Objective

2.Authorising provision

3.Commencement

4.Trust receipts

5.Trust account ledger

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ENDNOTES

STATUTORY RULES 2006

S.R. No. 105/2006

Estate Agents Act 1980

Estate Agents (General, Accounts and Audit) (Amendment) Regulations 2006

The Governor in Council makes the following Regulations:

Dated: 15 August 2006

Responsible Minister:

MARSHA THOMSON
Minister for Consumer Affairs

RUTH LEACH

Clerk of the Executive Council

1.Objective

The objective of these Regulations is to amend the Estate Agents (General, Accounts and Audit) Regulations 1997 to prescribe penalties for certain provisions.

2.Authorising provision

These Regulations are made under section 99 of the Estate Agents Act 1980.

3.Commencement

These Regulations come into operation on 15 August 2006.

4.Trust receipts

At the foot of regulation 23(1) of the Estate Agents (General, Accounts and Audit) Regulations 1997[1] insert—

"Penalty:5 penalty units.".

5.Trust account ledger

At the foot of regulation 27(1) of the Estate Agents (General, Accounts and Audit) Regulations 1997 insert—

"Penalty:5 penalty units.".

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ENDNOTES

[1] Reg. 4: S.R. No. 41/1997.  Reprint No. 1 as at 19 February 2004.  Reprinted to S.R. No. 4/2004.  Subsequently amended by S.R. No. 108/2005.