23Definitions

23 Definitions

In this Division unless inconsistent with the context or subject-matter—

S. 23 def. of commission amended by No. 74/2000 s. 3(Sch. 1 item 112).

commission has the same meaning as in section 4 of the Estate Agents Act 1958[1];

S. 23 def. of deposit moneys amended by Nos 9471 s. 2, 9549 s. 2(1)(Sch. item 202), 14/2019 s. 17(a).

deposit moneys in relation to a transaction for the sale of land includes any moneys which are part of the purchase price received by the vendor or on behalf of the vendor before the purchaser becomes entitled to a transfer or conveyance of the land which is the subject of the transaction, or in the case of a terms contract any moneys received by the vendor or on behalf of the vendor before the purchaser becomes entitled to possession or to the receipt of rent and profits pursuant to the contract.

S. 23 def. of estate agent amended by No. 11/2002 s. 3(Sch. 1 item 58), repealed by No. 14/2019 s. 17(b).

S. 23 def. of solicitor repealed by No. 35/1996 s. 453(Sch. 1 item 73.4).

S. 24 (Heading) inserted by No. 75/2006 s. 192(Sch. 2 item 5.3).

New s. 24 inserted by No. 9423 s. 2(2).