Queensland Consolidated Acts

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INTRODUCTION AGENTS ACT 2001 - SCHEDULE 2

-- DICTIONARY

approved form see section 98.

associated person see section 7(1).

carry on the business of an introduction agent see section 8(3).

client means a person who is a party to an introduction agreement, other than an introduction agent.

commissioner means the commissioner of the police service.

contract price, for an introduction agreement, means the total amount payable under the agreement inclusive of GST.

conviction means a finding of guilt, or the acceptance of a plea of guilty, by a court, but does not include a finding of guilt, or the acceptance of a plea of guilty, by a court if no conviction is recorded by the court.

corresponding law means a law of another State that provides for the same matter as this Act or the Fair Trading Act 1989, or a provision of this Act or the Fair Trading Act 1989.

Note--
The Australian Consumer Law (Queensland) forms part of the Fair Trading Act 1989.

criminal history, of a person, means the person's criminal history as defined under the Criminal Law (Rehabilitation of Offenders) Act 1986, other than convictions for which the rehabilitation period has expired, and not been revived, under that Act.

disqualifying offence means an offence--

(a) against the Drugs Misuse Act 1986 that is punishable by imprisonment for 1 year or more, even if a fine may be imposed in addition or as an alternative; or
(b) against the Vagrants, Gaming and Other Offences Act 1931, part 2A as in force immediately before 1 February 1993; or
(c) against the Prostitution Act 1999; or
(d) involving fraud or dishonesty that is punishable by imprisonment for 3 months or more; or
(e) against a provision of the Criminal Code mentioned in schedule 1; or
(f) against a provision of a law of another State or of the Commonwealth corresponding to a law mentioned in paragraphs (a) to (e).

effective control see section 7(2).

employ includes engage on a contract for services or commission and use the services of, whether or not for reward.

executive officer, of a corporation, means a person who is concerned with, or takes part in, the corporation's management, whether or not the person is a director or the person's position is given the name of executive officer.

insolvent under administration means a person--

(a) who is an undischarged bankrupt; or
(b) for whom a debt agreement has been made under the Bankruptcy Act 1966 (Cwlth), part X or the corresponding provisions of the law of another jurisdiction, if the debt agreement has not ended or has not been terminated; or
(c) who has executed a deed of arrangement under the Bankruptcy Act 1966 (Cwlth), part X or the corresponding provisions of the law of another jurisdiction, if the terms of the deed have not been fully complied with; or
(d) whose creditors have accepted a composition under the Bankruptcy Act 1966 (Cwlth), part X or the corresponding provisions of the law of another jurisdiction, if a final payment has not been made under the composition.

inspector means a person who is appointed as an inspector under section 61.

introduction agent see section 8(1).

introduction agreement see section 10.

introduction service see section 9(1).

licence means a licence to carry on the business of an introduction agent.

notice means written notice.

opt out clause, in an introduction agreement, means a clause that gives the client the option of ending the agreement on an opt out date.

opt out date, for an introduction agreement, means the date on or before which the client may end the agreement without paying any further amounts due under the agreement.

pre-contractual disclosure statement see section 43(1).

prepayment limit means--

(a) for an introduction agreement that has an opt out clause--an amount that is equal to the percentage prescribed under a regulation of the total amount payable under the agreement until the opt out date or, if no percentage is prescribed, 30%; or
(b) for an introduction agreement that does not have an opt out clause--an amount that is equal to the percentage prescribed under a regulation of the contract price for the agreement or, if no percentage is prescribed, 30%.

prostitution see the Criminal Code, section 229E.

QCAT information notice means a notice complying with the QCAT Act, section 157(2).

reviewable decision, for part 7, see section 82.

signed, in relation to an introduction agreement, means signed by the client and by or for the introduction agent.



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