70Definitions

70 Definitions

In this Division—

estate agent includes licensed estate agent and any person—

(a) whose estate agent's licence has expired or has been cancelled; or

(b) who is a director or officer of a corporation which is a licensed estate agent; or

(c) where the licence of a corporation has expired or has been cancelled, who was a director or officer of the corporation at the time the licence expired or was cancelled;

trust account includes any account of or with respect to any moneys received or held by a person in respect of any transaction by that person as an estate agent.

S. 70A inserted by No. 41/2003 s. 47, substituted by No. 103/2004 s. 40.