110Determination by Tribunal

110 Determination by Tribunal

(1)  If, after hearing a conduct complaint in respect of a property agent, the Tribunal finds the property agent to have been guilty of the conduct that was the subject of the complaint, it may take one or more of the following actions:

(a) suspend the licence of the property agent;

(b) cancel the licence of the property agent and prohibit the Board from licensing him or her without the approval of the Tribunal;

(c) [Section 110 Subsection (1) amended by No. 29 of 2022, s. 81, Applied:01 Jul 2023] prohibit the property agent from conducting all or any part of real estate agency business, property management business or general auctioneering business, as the case may be, permanently or for a period specified by the Tribunal;

(d) [Section 110 Subsection (1) amended by No. 7 of 2025, s. 185, Applied:01 Jul 2025] impose on the property agent a fine not exceeding an amount equivalent to 750 penalty units;

(e) prohibit the property agent from conducting all or any part of real estate agency business, property management business or general auctioneering business, as the case may be, except in accordance with conditions, restrictions or limitations specified by the Tribunal;

(f) require the property agent to take or refrain from taking actions specified by the Tribunal;

(g) caution or reprimand the property agent.

(2)  If the Tribunal imposes a fine, it must specify a period within which the fine is to be paid.

(2A)  [Section 110 Subsection (2A) inserted by No. 7 of 2025, s. 185, Applied:01 Jul 2025] A fine imposed by the Tribunal under this section is to be paid to the Board.

(3)  The Tribunal may, in addition to any other action it takes, require a property agent carrying on real estate agency business, property management business or general auctioneering business, as the case may be, to do either or both of the following:

(a) submit the business to periodic supervision or inspection by a person appointed by the Tribunal;