QLDIn ForceAct
Introduction Agents Act 2001
sec.8Meaning of introduction agent and carry on the business of an introduction agent
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### sec.8 Meaning of introduction agent and carry on the business of an introduction agent
An introduction agent is a person who—
carries on a business of providing, or offering to provide, an introduction service; or
holds himself, herself or itself out in any way as carrying on the business of an introduction agent; or
is entitled to share in the income of the business of an introduction agent.
Subsection (1) applies—
whether the head office or principal place of business of the person is in Queensland or elsewhere; or
even if the person does not have an established place of business in Queensland.
A person mentioned in subsection (1) (a) , (b) or (c) is taken to carry on the business of an introduction agent .
Despite subsections (1) (c) and (3) , a person is not an introduction agent, and is not to be taken to carry on the business of an introduction agent, only because the person is entitled to share, as a shareholder, in the income of the business of an introduction agent that is a corporation.
(sec.8-ssec.1) An introduction agent is a person who— carries on a business of providing, or offering to provide, an introduction service; or holds himself, herself or itself out in any way as carrying on the business of an introduction agent; or is entitled to share in the income of the business of an introduction agent.
(sec.8-ssec.2) Subsection (1) applies— whether the head office or principal place of business of the person is in Queensland or elsewhere; or even if the person does not have an established place of business in Queensland.
(sec.8-ssec.3) A person mentioned in subsection (1) (a) , (b) or (c) is taken to carry on the business of an introduction agent .
(sec.8-ssec.4) Despite subsections (1) (c) and (3) , a person is not an introduction agent, and is not to be taken to carry on the business of an introduction agent, only because the person is entitled to share, as a shareholder, in the income of the business of an introduction agent that is a corporation.
- (a) carries on a business of providing, or offering to provide, an introduction service; or
- (b) holds himself, herself or itself out in any way as carrying on the business of an introduction agent; or
- (c) is entitled to share in the income of the business of an introduction agent.
- (a) whether the head office or principal place of business of the person is in Queensland or elsewhere; or
- (b) even if the person does not have an established place of business in Queensland.