3Interpretation

3 Interpretation

(1)  In this Act –[Section 3 Subsection (1) amended by No. 25 of 2012, s. 4, Applied:12 Jul 2012]

[Section 3 Subsection (1) amended by No. 25 of 2012, s. 4, Applied:12 Jul 2012] [Section 3 Subsection (1) amended by No. 58 of 2016, Sched. 4, Applied:01 Apr 2017] [Section 3 Subsection (1) amended by No. 29 of 2022, s. 9, Applied:01 Jul 2023] approved institution means an authorised deposit-taking institution with a branch or head office in the State with which a scheme of arrangement that –

(a) relates in whole or in part to the keeping of trust accounts for the purposes of this Act; and

(b) is in force –

has been entered into under section 147 of the Property Agents and Land Transactions Act 2016 ;

[Section 3 Subsection (1) amended by No. 41 of 2010, s. 9, Applied:01 Jan 2011]

commission means any monetary consideration or any other form of consideration to which a monetary value may be assigned;

conveyancer means a person who is not a legal practitioner and who carries on a business that involves the preparation for fee or reward of –

(a) dealings within the meaning of the Land Titles Act 1980 ; or

(b) instruments for the purposes of any other Act or law as provided by an order made under subsection (2) ;

Court means the Magistrates Court (Administrative Appeals Division);

means an entitlement to automatic deemed registration, within the meaning of the of the Commonwealth;