QLDIn ForceAct
Agents Financial Administration Act 2014
sec.89Making particular claims relating to marketeering contraventions and non-investment residential property
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### sec.89 Making particular claims relating to marketeering contraventions and non-investment residential property
This section applies to a claim against the fund for capital loss because of, or arising out of, a marketeering contravention relating to the purchase of a non-investment residential property.
The claim must—
be made to the chief executive in the approved form; and
state the realised capital loss claimed.
See also division 6 (Deciding financial loss for non-investment residential property).
A purported claim that does not substantially comply with subsection (2) is of no effect.
The chief executive may require the claimant to verify the claim or part of the claim.
statutory declaration
To remove any doubt, it is declared that if the purchase was by more than 1 person, only 1 claim may be made.
A claim mentioned in subsection (5) may be made by 1 of the purchasers or by 2 or more of the purchasers jointly.
(sec.89-ssec.1) This section applies to a claim against the fund for capital loss because of, or arising out of, a marketeering contravention relating to the purchase of a non-investment residential property.
(sec.89-ssec.2) The claim must— be made to the chief executive in the approved form; and state the realised capital loss claimed. See also division 6 (Deciding financial loss for non-investment residential property).
(sec.89-ssec.3) A purported claim that does not substantially comply with subsection (2) is of no effect.
(sec.89-ssec.4) The chief executive may require the claimant to verify the claim or part of the claim. statutory declaration
(sec.89-ssec.5) To remove any doubt, it is declared that if the purchase was by more than 1 person, only 1 claim may be made.
(sec.89-ssec.6) A claim mentioned in subsection (5) may be made by 1 of the purchasers or by 2 or more of the purchasers jointly.
- (a) be made to the chief executive in the approved form; and
- (b) state the realised capital loss claimed. Note— See also division 6 (Deciding financial loss for non-investment residential property).