46Financial and investment advice by real estate agents

46 Financial and investment advice by real estate agents

46 Financial and investment advice by real estate agents

(1) The regulations may make provision for or with respect to requiring a real estate agent who provides financial or investment advice to a person in connection with the sale or purchase of land to provide to the person specified information or warnings.

(2) A real estate agent who fails to comply with a requirement of the regulations under this section is guilty of an offence.

Maximum penalty—200 penalty units.