Property Agents and Land Transactions Act 2016
164Certain property agents may not claim
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164 Certain property agents may not claim
(1) This section applies to –
(a) a real estate agent named in Part 1(1) of the Register; and
(b) a property manager named in Part 2(1) of the Register; and
(c) a general auctioneer named in Part 3(1) of the Register.
(2) A property agent to whom this section applies is not entitled to claim compensation under this Division arising from the criminal or fraudulent conduct of –
(a) a person employed by the property agent; or
(b) if the property agent is a company, a director or a person in a similar position, the property agent; or
(c) if the property agent is a partnership, a partner in the partnership.