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Settlement Agents Act 1981
Div 3Discipline
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Division 3 — Discipline
82. Code of conduct for settlement agents 69
83. Disciplinary action by SAT, alleging cause for 69
84. Disciplinary action, SAT’s powers as to 70
85. Offences that cause licence and triennial certificate to be cancelled 72
85A. Cancellation of licence due to insufficient resources or cessation of business 72
86. Persons with cancelled licences etc., offences by and in respect of 73
Part V — Fidelity Guarantee Account
87. Account established; administration of Account 74
88. Moneys to be credited to Account 74
89. Investment of moneys in Account 75
90. Expenditure from Account 75
92. Payments to Account by applicants for licences etc. 76
93. Purpose of Account; making claims against Account 76
94. Levies for Account against certificate holders 77
95. Claims against Account; recovery from Account 78
96. Defences to claims against Account 79
97. Subrogation of rights of claimant against Account 79
98. Insufficiency in Account 79
99. State may insure against claims 80
100. Application of insurance money 81
101. Advertising for claims in relation to defaulting licensee 82
102. 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
103. Account established; administration of account 87
104. Moneys to be credited to account 87
105. Expenditure from account 88
106. Investment of moneys in account 88
Part VII — Miscellaneous
110. Registers of licensees etc., Commissioner to keep etc. 89
111A. Offence to give false or misleading information 89
111. Commissioner’s certificate 90
112. Annual report by department 90
113. Reports by Commissioner to Minister 91
114. Refunds of fees, Commissioner’s powers as to 91
115. Protection from personal liability 92
116. Confidentiality of information officially obtained 92
117. Liability of directors of body corporate for defalcations 92
118. Other rights and remedies not affected by this Act 92
119. Rights conferred by Act cannot be waived 92
120. General penalty for offences 92
121. Proceedings for offences 93
122. Forms 93
123. Regulations 93
Part VIII — Savings and transitional
124. Terms used 96
125. Former Board abolished 96
126. References to former Board 96
127. Immunity continues 97
128. Notices and rules made by former Board 97
129. References to former Registrar 97
130. Unfinished investigations by former Board 98
131. Unfinished proceedings by former Board 98
132. Winding‑up former Board 98
133. Final report by former Board 100
134. Staff of former Board 100
135. Transitional regulations 100