Real Estate and Business Agents Act 1978
6The *Real Estate Legislation (Fidelity Guarantee Funds) Amendment Act 2000* s. 4(2) and (3) read as follows:
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6 The Real Estate Legislation (Fidelity Guarantee Funds) Amendment Act 2000 s. 4(2) and (3) read as follows:
(2) A person may give notice of a claim under section 116(2) as amended by this section even if the time within which that notice was to be given under that section before that amendment had expired.
(3) Where a person may give notice of a claim under section 116(2) as amended by this section, notice of the claim given by the person previously in writing to the Board (whether or not dealt with by the Board) is to be taken to be notice of the claim for the purposes of that section.
7 The Corporations (Consequential Amendments) Act (No. 3) 2003 s. 2‑4 contain validation provisions which may be relevant to this Act.
8 The State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Pt. 5, the State Administrative Tribunal Act 2004 s. 167 and 169, and the State Administrative Tribunal Regulations 2004 r. 28 and 42 deal with certain transitional issues some of which may be relevant for this Act.
Defined terms
[This is a list of terms defined and the provisions where they are defined. The list is not part of the law.]
Defined term Provision(s)
agent 4(1), 92(5)
applicant 131A
appointed day 4(1)
approved 4(1)
Assistance Account 4(1)
assisted person 131A
auditor 4(1)
authorised financial institution 67
bank 4(1)
bank account 67
banker 67
business 4(1)
business agent 4(1)
business day 67
business sales representative 4(1)
business transaction 4(1)
certificate of registration 4(1)
code of conduct for agents 4(1)
code of conduct for sales representatives 4(1)
commencement day 148
Commissioner 4(1)
committee 23A(1)
defalcation by a licensee 4(1)
department 4(1)
developer 4(1)
dwelling 131A
Fidelity Account 4(1)
fit and proper 27(2), 47(2)
former Board 148
former Registrar 148
franchising agreement 4(1)
General Purpose Account 4(1)
incidental expenses 131A
Interest Account 4(1)
lending institution 131A