Section sec.86 - Agents Financial Administration Act 2014 - Time limit for making particular claims relating to marketeering contraventions and non-investment residential property

sec.86Time limit for making particular claims relating to marketeering contraventions and non-investment residential property

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### sec.86 Time limit for making particular claims relating to marketeering contraventions and non-investment residential property A person may make a claim against the fund for capital loss because of, or arising out of, a marketeering contravention relating to the person’s purchase of a non-investment residential property only if— the person has within 1 year after the contract date, given the chief executive notice in the approved form that the person intends to make the claim; and the person makes the claim within 6 years after the contract date. The approved form must include the matters mentioned in section 88 (2) (a) to (e) . The QCAT Act , section 61 does not apply to enable QCAT to extend the time permitted to do a thing mentioned in subsection (1) (a) or (b) . In this section— contract date means the day on which the contract for the purchase was entered into. (sec.86-ssec.1) A person may make a claim against the fund for capital loss because of, or arising out of, a marketeering contravention relating to the person’s purchase of a non-investment residential property only if— the person has within 1 year after the contract date, given the chief executive notice in the approved form that the person intends to make the claim; and the person makes the claim within 6 years after the contract date. (sec.86-ssec.2) The approved form must include the matters mentioned in section 88 (2) (a) to (e) . (sec.86-ssec.3) The QCAT Act , section 61 does not apply to enable QCAT to extend the time permitted to do a thing mentioned in subsection (1) (a) or (b) . (sec.86-ssec.4) In this section— contract date means the day on which the contract for the purchase was entered into. - (a) the person has within 1 year after the contract date, given the chief executive notice in the approved form that the person intends to make the claim; and - (b) the person makes the claim within 6 years after the contract date.