60Agency agreement can be rescinded during cooling-off period

60 Agency agreement can be rescinded during cooling-off period

60 Agency agreement can be rescinded during cooling-off period

(1) The client can rescind an agency agreement by serving a notice of rescission on the agent under the agreement during the cooling-off period for the agreement.

(2) To be effective, the notice of rescission must—

(a) be in writing addressed to the agent and be to the effect that the client rescinds the agreement, and

(b) be signed by the client or the client’s Australian legal practitioner or, if there is more than one client, by each client or their respective Australian legal practitioners.

(c) (Repealed)

(3) (Repealed)

s 60: Am 2008 No 62, Sch 3.6 [3]; 2014 No 33, Sch 1.11 [2]; 2018 No 65, Sch 7.12 [2]–[4].