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Section 48C - Estate Agents Act 1980 - Treatment of non-monetary rebates — Zoe

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Estate Agents Act 1980

48CTreatment of non-monetary rebates

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48C Treatment of non-monetary rebates (1) For the purposes of sections 48A and 48B, if a rebate is, or is to be, obtained as a benefit rather than as a payment of money, a reference in those sections to the amount of the rebate is to be read as a reference to the value of the rebate. (2) The dollar amount that is to be attributed to the value of the rebate is a reasonable estimate of the value of the rebate in dollars to the agent. S. 48D inserted by No. 41/2003 s. 8.

Previous section48BRebates must be factored into costs of expenses Next section48DRepeated breaches within 12 months