ACTIn ForceAct
Agents Act 2003
10Carrying on business as business agent
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10 Carrying on business as business agent
(1) A person carries on business as a business agent if the person
provides, or offers to provide, a business agent service for a principal
for reward.
(2) Each of the following is a business agent service:
(a) buying, selling, exchanging, disposing of, or otherwise dealing
with, a business or professional practice or a share or interest in
the goodwill or stock of a business or professional practice;
(b) negotiating for the purchase, sale, exchange, disposition of, or
other dealing with, a business or professional practice or any
share or interest in the goodwill or stock of a business or
professional practice;
(c) any other service prescribed by regulation for this section.
(3) To remove any doubt, a person does not carry on business as a
business agent only because the person carries on business as a stock
and station agent.