© 2026 Zoe. All rights reserved.
Zoe is a legal information platform. Always consult the Federal Register of Legislation for authoritative text.
Property and Stock Agents Regulation 2022
Start here
Turn the raw legal text into a practical explanation grounded in Property and Stock Agents Regulation 2022.
6 Functions stock and station agents and assistant stock and station agents may exercise—the Act, s 10A
(1) A stock and station agent who holds a class 1 or class 2 licence may exercise all stock and station agent functions.
(2) Despite subsection (1), a stock and station agent may not authorise the withdrawal of money from a trust account unless the stock and station agent is the licensee in charge of the business to which the trust account relates.
(3) An assistant stock and station agent—
(a) may exercise all stock and station agent functions other than the function described in the Act, section 3A(2), definition of real estate sale or leasing functions, paragraph (b), but
(b) may not, in the person’s capacity as an assistant stock and station agent—
(i) enter into a contract for the sale of land, or
(ii) enter into an agency agreement, other than an agency agreement relating only to the sale or purchase of livestock, or
(iii) enter into a franchising agreement, or
(iv) authorise the withdrawal of money from a trust account.
(4) In this section—
stock and station agent functions means the functions referred to in the Act, section 3(1), definition of stock and station agent.