- Act 22 of 2004 - Royal Assent 14 July 2004 TABLE OF PROVISIONS Long Title PART 1 - Preliminary 1. Short title 2. Commencement 3. Interpretation PART 2 - Regulation of Conveyancers Division 1 - Licences 4. Conveyancers to be licensed 5. Ineligibility to be licensed 6. Application 7. Character report 8. Grant or refusal of application 9. Conditions of licence 10. Grant of licence to unqualified person 11. Validity of licence 12. Form and content of licences Division 2 - Professional indemnity insurance 13. Requirement for professional indemnity insurance Division 3 - Duties of conveyancers 14. Conflict of interest 15. Prohibition on commissions 16. Conduct of other businesses PART 3 - Trust Accounts Division 1 - Trust accounts 17. Trust accounts 18. Protection of trust money 19. Accounting documents to be kept 20. Financial documents Division 2 - Receivers and managers 21. Appointment of receiver or manager 22. Term of appointment of receiver or manager 23. Remuneration of receivers and managers 24. Duty of receiver 25. Receiver may require delivery of trust money and supply of information 26. Court may give directions, &c., to receiver or manager 27. Powers of manager 28. Obligations of manager 29. Receiver and manager to report to Director Division 3 - Audit of trust accounts 30. Audit of trust accounts Division 4 - Duties of receivers, managers and auditors 31. Confidentiality 32. Failing to comply with requirement of receiver, &c. 33. Obtaining information for purposes of audit Division 5 - Annual returns 34. Annual returns PART 4 - Disciplinary Provisions 35. Power of Director to receive complaints 36. Powers of authorised officers 37. Grounds for disciplinary action 38. Suspension or cancellation of licence on illness or infirmity 39. Disciplinary action 40. Ancillary powers of Director 41. Contravention of order 42. Reviews by Magistrates Court (Administrative Appeals Division) PART 5 - Miscellaneous and Supplemental 43. Delegations 44. Register of conveyancers 45. False or misleading information 46. Continuing offence 47. Evidentiary provisions 48. Regulations 49. Administration of Act PART 6 - Auctioneers and Real Estate Agents Act 1991 Amended 50. Principal Act 51. Section 4 amended (Interpretation) 52. Section 86 amended (Auctioneers and Real Estate Agents Guarantee Fund) 53. Section 87 amended (Level of Guarantee Fund) 54. Section 89 amended (Use of surplus money in Guarantee Fund) 55. Section 94 amended (Right to claim compensation) PART 7 - Legal Profession Act 1993 Amended 56. Principal Act 57. Section 54 amended (Offence to practise unless admitted)[ Note: This table has been automatically generated and may be incomplete. ]