Queensland Consolidated Acts

INTRODUCTION AGENTS ACT 2001 - SECT 8

(1) An introduction agent is a person who--

(a) carries on a business of providing, or offering to provide, an introduction service; or

(b) holds himself, herself or itself out in any way as carrying on the business of an introduction agent; or

(c) is entitled to share in the income of the business of an introduction agent.

(2) Subsection (1) applies--

(a) whether the head office or principal place of business of the person is in Queensland or elsewhere; or

(b) even if the person does not have an established place of business in Queensland.

(3) A person mentioned in subsection (1)(a), (b) or (c) is taken to carry on the business of an introduction agent.

(4) Despite subsections (1)(c) and (3), a person is not an introduction agent, and is not to be taken to carry on the business of an introduction agent, only because the person is entitled to share, as a shareholder, in the income of the business of an introduction agent that is a corporation.