Settlement Agents Act 1981
Div 3Discipline
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Division 3 — Discipline
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Code of conduct for settlement agents 69
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Disciplinary action by SAT, alleging cause for 69
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Disciplinary action, SAT’s powers as to 70
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Offences that cause licence and triennial certificate to be cancelled 72
85A. Cancellation of licence due to insufficient resources or cessation of business 72
- Persons with cancelled licences etc., offences by and in respect of 73
Part V — Fidelity Guarantee Account
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Account established; administration of Account 74
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Moneys to be credited to Account 74
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Investment of moneys in Account 75
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Expenditure from Account 75
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Payments to Account by applicants for licences etc. 76
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Purpose of Account; making claims against Account 76
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Levies for Account against certificate holders 77
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Claims against Account; recovery from Account 78
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Defences to claims against Account 79
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Subrogation of rights of claimant against Account 79
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Insufficiency in Account 79
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State may insure against claims 80
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Application of insurance money 81
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Advertising for claims in relation to defaulting licensee 82
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Documents etc. to support claims, CEO may require 82
102AA. Commissioner may investigate claims against Fidelity Account 82
Part VA — Education and General Purpose Account
102A. Account established; administration of account 84
102B. Moneys to be credited to account 84
102C. Expenditure from account 85
102D. Investment of moneys in account 85
Part VI — Settlement Agents Interest Account
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Account established; administration of account 87
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Moneys to be credited to account 87
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Expenditure from account 88
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Investment of moneys in account 88
Part VII — Miscellaneous
- Registers of licensees etc., Commissioner to keep etc. 89