VICIn ForceAct
Estate Agents Act 1980
58Definitions
Start here
Get a plain-English read of 58
Turn the raw legal text into a practical explanation grounded in Estate Agents Act 1980.
58 Definitions
In this Part unless inconsistent with the context or subject-matter—
S. 58 def. of *authorized bill of exchange* amended by No. 29/1989 s. 14(a), repealed by No. 38/1993 s. 5(2).
S. 58 def. of *authorized investment* amended by No. 9699 s. 23, repealed by No. 38/1993 s. 5(2).
S. 58 def. of *bank* amended by No. 9902 s. 2(1)(Sch. item 80), repealed by No. 38/1993 s. 5(2).
S. 58 def. of *building society* inserted by No. 29/1989 s. 14(b), repealed by No. 11/2001 s. 3(Sch. item 24.2(a)).
***commencing date*** means the day fixed as the commencing date by proclamation of the Governor in Council published in the Government Gazette;
S. 58 def. of *estate agent* amended by Nos 10168 s. 3, 55/1987 s. 57(3)(Sch. 5 item 27), 45/1994 s. 42(Sch. item 4.3).
***estate agent*** includes an executor, administrator or trustee (other than a trustee company within the meaning of the **Trustee Companies Act 1984**) of the estate of a deceased estate agent who is carrying on the business of the agent pursuant to this Act;
S. 58 def. of *financial institution* inserted by No. 29/1989 s. 14(c), amended by Nos 104/1995 s. 6(Sch. 1 item 7), 11/2001 s. 3(Sch. item 24.2(b)), 1/2010 s. 12.
***financial institution*** means an authorised deposit‑taking institution in respect of which there is in force a declaration under section 4(5) of the **Trustee Act 1958**, as in force immediately before the commencement of section 4 of the **Trustee and Trustee Companies (Amendment) Act 1995**, or an authorised financial institution;
S. 58 def. of *moneys* amended by No. 11/2001 s. 3(Sch. item 24.2(c)).
***moneys*** includes an instrument for the payment of money in any case where the instrument may be paid into an authorised deposit-taking institution;
S. 58 def. of *negotiable certificate of deposit* repealed by No. 38/1993 s. 5(2).
***quarter day*** means the 31st March, 30th June, 30th September or 31st December.
S. 58A inserted by No. 29/1989 s. 21.