3Definitions

3 Definitions In this Act— S. 3 def. of *affairs* inserted by No. 17/2007 s. 14(a). ***affairs*** of a licensee include the following— (a) all accounts and records required under this Act or the regulations to be maintained by the licensee or an associate or former associate of the licensee; (b) other records of the licensee or an associate or former associate of the licensee; (c) any transaction— (i) to which the licensee or an associate or former associate of the licensee was or is a party; (ii) in which the licensee or an associate or former associate of the licensee has acted for a party ***annual statement*** means a statement required under section 35(3); ***associate of a licensee*** has the meaning given in section 6; ***Australian Business Number*** has the same meaning as in the A New Tax System (Australian Business Number) Act 1999 of the Commonwealth; S. 3 def of *Australian legal practitioner* repealed by No. 17/2014 s. 160(Sch. 2 item 18.1(a)). ***Authority*** has the same meaning as in the **Business Licensing Authority Act 1998**; S. 3 def. of *Chief Commis-sioner* amended by No. 37/2014 s. 10(Sch. item 29.1(b)). ***Chief Commissioner*** means the Chief Commissioner of Police appointed under the **Victoria Police Act 2013**; ***company*** means a company registered under the Corporations Act; S. 3 def. of *Consumer Act* amended by No. 21/2012 s. 239(Sch. 6 item 10.1). ***Consumer Act*** has the same meaning as in the **Australian Consumer Law and Fair Trading Act 2012**; ***controlled money*** has the meaning given in section 62; ***controlled money account*** has the meaning given in section 62; ***conveyancing business*** means any business in the course of which conveyancing work is carried out for fee or reward, whether or not the carrying out of conveyancing work is the sole or dominant purpose of the business; ***conveyancing work*** has the meaning given in section 4; ***defalcation*** means any theft, embezzlement, failure to account, fraudulent misappropriation or other act punishable by imprisonment of or in relation to money or any other property; S. 3 def. of *Director* amended by No. 21/2012 s. 239(Sch. 6 item 10.2). ***Director*** has the same meaning as in the **Australian Consumer Law and Fair Trading Act 2012**; ***director*** has the same meaning as in the Corporations Act; ***disqualified person*** has the meaning given in section 5; ***estate agent*** has the same meaning as in the **Estate Agents Act 1980**; S. 3 def. of *externally administered body corporate* inserted by No. 46/2025 s. 34(1). ***externally administered body corporate*** means a Chapter 5 body corporate as defined by section 9 of the Corporations Act; ***failure to account*** has the meaning given in section 7; ***Fund*** means the Victorian Property Fund established under section 72 of the **Estate Agents Act 1980**; S. 3 def. of *incorporated legal practice* amended by No. 17/2014 s. 160(Sch. 2 item 18.1(b)). ***incorporated legal practice*** has the same meaning as in the Legal Profession Uniform Law (Victoria); S. 3 def. of *inspector* amended by No. 21/2012 s. 239(Sch. 6 item 10.3). ***inspector*** means an inspector appointed under the **Australian Consumer Law and Fair Trading Act 2012**; S. 3 def. of *legal work* substituted by No. 17/2014 s. 160(Sch. 2 item 18.1(c)). ***legal work*** means work that, if done by a person who is not a qualified entity within the meaning of the Legal Profession Uniform Law (Victoria), would give rise to an offence against a provision of Part 2.1 of that Law; ***licence*** means a licence granted under Part 2 to carry on a conveyancing business; ***licensee*** means a person who holds a licence other than a licence that is suspended; S. 3 def. of *police officer* inserted by No. 37/2014 s. 10(Sch. item 29.1(a)). ***police officer*** has the same meaning as in the **Victoria Police Act 2013**; ***principal place of business*** of a licensee, means the principal place at which the licensee carries on the licensee's conveyancing business and, if the licensee conducts their conveyancing business at one place only, means that place; ***receiver*** means a receiver appointed by the Supreme Court under Division 3 of Part 6; ***Register*** means the Register of Licensed Conveyancers established under section 178; S. 3 def. of *registered education and training organisation* repealed by No. 17/2007 s. 14(b). ** * * * ** ***registered office***, in relation to a company, has the same meaning as in the Corporations Act; ***Registrar*** means the Registrar of the Authority under the **Business Licensing Authority Act 1998**; ***Secretary*** means the person for the time being holding the office of Secretary to the Department of Justice under the **Public Administration Act 2004**; ***statutory manager*** means a statutory manager appointed by the Director under Division 2 of Part 6; ***trust account*** has the meaning given in section 62; ***trust money*** has the meaning given in section 62; ***trust records*** has the meaning given in section 62.