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REAL ESTATE AND BUSINESS AGENTS ACT 1978 - NOTES

Notes

1 This reprint is a compilation as at 18 November 2011 of the Real Estate and Business Agents Act 1978 and includes the amendments made by the other written laws referred to in the following table. The table also contains information about any reprint.

Compilation table

Short title

Number and year

Assent

Commencement

Real Estate and Business Agents Act 1978

72 of 1978

20 Oct 1978

Act other than s. 5, 54, 55, 57-100, 102-131 and 135: 1 Sep 1979 (see s. 2(1) and Gazette 31 Aug 1979 p. 2601);
s. 5: 1 Dec 1979 (see s. 2(2) and Gazette 31 Aug 1979 p. 2615);
s. 54, 55, 57-100, 102-131 and 135: 1 Dec 1979 (see s. 2(1) and Gazette 31 Aug 1979 p. 2601)

Real Estate and Business Agents Act Amendment Act 1979

74 of 1979

27 Nov 1979

27 Nov 1979

Real Estate and Business Agents Amendment Act 1980

74 of 1980

5 Dec 1980

s. 13: 1 Dec 1980 (see s. 2(2));
Act other than s. 13: 2 Jan 1981 (see s. 2(1))

Reprint of the Real Estate and Business Agents Act 1978 approved 23 Feb 1982 (includes amendments listed above)

Companies (Consequential Amendments) Act 1982 s. 28

10 of 1982

14 May 1982

1 Jul 1982 (see s. 2(1) and Gazette 25 Jun 1982 p. 2079)

Real Estate and Business Agents Amendment Act 1982

29 of 1982

27 May 1982

25 Jun 1982 (see s. 2 and Gazette 25 Jun 1982 p. 2091)

Real Estate and Business Agents Amendment Act 1984

77 of 1984

26 Nov 1984

26 Nov 1984 (see s. 2)

Acts Amendment (Strata Titles) Act 1985 Pt. III

40 of 1985

13 May 1985

30 Jun 1985 (see s. 2 and Gazette 21 Jun 1985 p. 2188)

Reprint of the Real Estate and Business Agents Act 1978 as at 7 Nov 1985 (includes amendments listed above)

Acts Amendment (Financial Administration and Audit) Act 1985 s. 3

98 of 1985

4 Dec 1985

1 Jul 1986 (see s. 2 and Gazette 30 Jun 1986 p. 2255)

State Government Insurance Commission Act 1986 s. 46(2)

51 of 1986

5 Aug 1986

1 Jan 1987 (see s. 2 and Gazette 19 Dec 1986 p. 4859)

Acts Amendment (Legal Practitioners, Costs and Taxation) Act 1987 Pt. XV

65 of 1987

1 Dec 1987

12 Feb 1988 (see s. 2(2) and Gazette 12 Feb 1988 p. 397)

Residential Tenancies Act 1987 s. 89

128 of 1987

21 Jan 1988

1 Oct 1989 (see s. 2 and Gazette 18 Aug 1989 p. 2748)

Real Estate and Business Agents Amendment Act 1988

18 of 1988

9 Sep 1988

s. 1 and 2: 9 Sep 1988;
Act other than s. 1 and 2: 28 Oct 1988 (see s. 2 and Gazette 28 Oct 1988 p. 4327)

R & I Bank Act 1990 s. 45(1)

73 of 1990

20 Dec 1990

1 Jan 1991 (see s. 2(2) and Gazette 28 Dec 1990 p. 6369)

R & I Bank Amendment Act 1994 s. 13

6 of 1994

11 Apr 1994

26 Apr 1994 (see s. 2(2) and Gazette 26 Apr 1994 p. 1743)

Acts Amendment (Public Sector Management) Act 1994 s. 3(2)

32 of 1994

29 Jun 1994

1 Oct 1994 (see s. 2 and Gazette 30 Sep 1994 p. 4948)

Real Estate and Business Agents Amendment Act 1994

43 of 1994

31 Aug 1994

Act other than s. 7 and 8(b)(i): 31 Aug 1994 (see s. 2(1));
s. 7 and 8(b)(i): 6 Oct 1994 (see s. 2(2) and Gazette 30 Sep 1994 p. 4947)

Bank of Western Australia Act 1995 s. 44(1)

14 of 1995

4 Jul 1995

1 Dec 1995 (see s. 2(3) and 9(1) and Gazette 29 Nov 1995 p. 5529)

Business Licensing Amendment Act 1995 Pt. 8 7

56 of 1995

20 Dec 1995

1 Jul 1996 (see s. 2(2) and Gazette 1 Jul 1996 p. 3179)

Real Estate Legislation Amendment Act 1995 Pt. 2 8

59 of 1995

20 Dec 1995

Pt. 2, other than s. 11: 1 Jul 1996 (see s. 2 and Gazette 25 Jun 1996 p. 2902 and 6 Sep 1996 p. 4405);
s. 11: 5 Apr 2007 (see s. 2 and Gazette 30 Mar 2007 p. 1451)

Reprint of the Real Estate and Business Agents Act 1978 as at 6 Sep 1996 (includes amendments listed above except those in the Real Estate Legislation Amendment Act 1995 s. 11) (correction in Gazette 11 Oct 1996 p. 5396)

Real Estate and Business Agents Amendment Act 1998

34 of 1998

6 Jul 1998

s. 1 and 2: 6 Jul 1998;
Act other than s. 1 and 2: 1 Nov 1998 (see s. 2 and Gazette 16 Oct 1998 p. 5729)

Acts Amendment and Repeal (Financial Sector Reform) Act 1999 s. 99

26 of 1999

29 Jun 1999

1 Jul 1999 (see s. 2(1) and Gazette 30 Jun 1999 p. 2905)

Real Estate Legislation (Fidelity Guarantee Funds) Amendment Act 2000 Pt. 2 9

3 of 2000

12 Apr 2000

12 Apr 2000 (see s. 2)

Reprint of the Real Estate and Business Agents Act 1978 as at 9 Mar 2001 (includes amendments listed above except those in the Real Estate Legislation Amendment Act 1995 s. 11)

Corporations (Consequential Amendments) Act 2001 s. 220 and 222

10 of 2001

28 Jun 2001

15 Jul 2001 (see s. 2 and Gazette 29 Jun 2001 p. 3257 and Cwlth Gazette 13 Jul 2001 No. S285)

Building Societies Amendment Act 2001 s. 50 and 51

12 of 2001

13 Jul 2001

13 Jul 2001 (see s. 2)

Corporations (Consequential Amendments) Act (No. 3) 2003 Pt. 12 10

21 of 2003

23 Apr 2003

11 Mar 2002 (see s. 2 and Cwlth Gazette 24 Oct 2001 No. GN42)

Acts Amendment (Equality of Status) Act 2003 Pt. 51

28 of 2003

22 May 2003

1 Jul 2003 (see s. 2 and Gazette 30 Jun 2003 p. 2579)

Sentencing Legislation Amendment and Repeal Act 2003 s. 88

50 of 2003

9 Jul 2003

15 May 2004 (see s. 2 and Gazette 14 May 2004 p. 1445)

Acts Amendment and Repeal (Courts and Legal Practice) Act 2003 s. 59

65 of 2003

4 Dec 2003

1 Jan 2004 (see s. 2 and Gazette 30 Dec 2003 p. 5722)

Statutes (Repeals and Minor Amendments) Act 2003 s. 101

74 of 2003

15 Dec 2003

15 Dec 2003 (see s. 2)

Courts Legislation Amendment and Repeal Act 2004 s. 141

59 of 2004

23 Nov 2004

1 May 2005 (see s. 2 and Gazette 31 Dec 2004 p. 7128)

State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Pt. 2 Div. 112 11

55 of 2004

24 Nov 2004

1 Jan 2005 (see s. 2 and Gazette 31 Dec 2004 p. 7130)

Criminal Procedure and Appeals (Consequential and Other Provisions) Act 2004 s. 80 and 82

84 of 2004

16 Dec 2004

2 May 2005 (see s. 2 and Gazette 31 Dec 2004 p. 7129 (correction in Gazette 7 Jan 2005 p. 53))

Reprint 5: The Real Estate and Business Agents Act 1978 as at 8 Apr 2005 (includes amendments listed above except those in the Real Estate Legislation Amendment Act 1995 s. 11, Courts Legislation Amendment and Repeal Act 2004 and the Criminal Procedure and Appeals (Consequential and Other Provisions) Act 2004)

Housing Societies Repeal Act 2005 s. 29

17 of 2005

5 Oct 2005

10 Jul 2010 (see s. 2(3) and Gazette 9 Jul 2010 p. 3239)

Oaths, Affidavits and Statutory Declarations (Consequential Provisions) Act 2005 s. 63

24 of 2005

2 Dec 2005

1 Jan 2006 (see s. 2(1) and Gazette 23 Dec 2005 p. 6244)

Machinery of Government (Miscellaneous Amendments) Act 2006 Pt. 4 Div. 19

28 of 2006

26 Jun 2006

1 Jul 2006 (see s. 2 and Gazette 27 Jun 2006 p. 2347)

Consumer Protection Legislation Amendment and Repeal Act 2006 Pt. 8

69 of 2006

13 Dec 2006

25 Jul 2007 (see s. 2 and Gazette 24 Jul 2007 p. 3657)

Financial Legislation Amendment and Repeal Act 2006 Sch. 1 cl. 147

77 of 2006

21 Dec 2006

1 Feb 2007 (see s. 2(1) and Gazette 19 Jan 2007 p. 137)

Reprint 6: The Real Estate and Business Agents Act 1978 as at 24 Aug 2007 (includes amendments listed above except those in the Housing Societies Repeal Act 2005)

Duties Legislation Amendment Act 2008 Sch. 1 cl. 32

12 of 2008

14 Apr 2008

1 Jul 2008 (see s. 2(d))

Legal Profession Act 2008 s. 696

21 of 2008

27 May 2008

1 Mar 2009 (see s. 2(b) and Gazette 27 Feb 2009 p. 511)

Acts Amendment (Bankruptcy) Act 2009 s. 74

18 of 2009

16 Sep 2009

17 Sep 2009 (see s. 2(b))

Standardisation of Formatting Act 2010 s. 28 and 51

19 of 2010

28 Jun 2010

11 Sep 2010 (see s. 2(b) and Gazette 10 Sep 2010 p. 4341)

Public Sector Reform Act 2010 s. 89

39 of 2010

1 Oct 2010

1 Dec 2010 (see s. 2(b) and Gazette 5 Nov 2010 p. 5563)

Acts Amendment (Fair Trading) Act 2010 Pt. 6

58 of 2010

8 Dec 2010

1 Jul 2011 (see s. 2(c) and Gazette 7 Jun 2011 p. 2057)

Statutes (Repeals and Minor Amendments) Act 2011 s. 25

47 of 2011

25 Oct 2011

26 Oct 2011 (see s. 2(b))

Reprint 7: The Real Estate and Business Agents Act 1978 as at 18 Nov 2011 (includes amendments listed above)

2 The provision in this Act repealing the Land Agents Act 1921 has been omitted under the Reprints Act 1984 s. 7(4)(f).

3 The “appointed day” was 1 December 1979. See Gazette 31 August 1979 p. 2615.

4 The Land Agents Act 1921.

5 Repealed by the Interpretation Act 1984.

6 Repealed by the Planning and Development (Consequential and Transitional Provisions) Act 2005.

7 The Business Licensing Amendment Act 1995 s. 49 is a transitional provision that is of no further effect.

8 The Real Estate Legislation Amendment Act 1995 s. 10(2) reads as follows:


(2) A notice under section 61(1) of the principal Act in force immediately before the commencement of this section continues to have effect on that commencement, and may be amended or revoked, as if the notice were a notice under section 61(1) of the principal Act as inserted by this section.


9 The Real Estate Legislation (Fidelity Guarantee Funds) Amendment Act 2000 s. 4(2) and (3) read as follows:


(2) A person may give notice of a claim under section 116(2) as amended by this section even if the time within which that notice was to be given under that section before that amendment had expired.

(3) Where a person may give notice of a claim under section 116(2) as amended by this section, notice of the claim given by the person previously in writing to the Board (whether or not dealt with by the Board) is to be taken to be notice of the claim for the purposes of that section.


10 The Corporations (Consequential Amendments) Act (No. 3) 2003 s. 2-4 contain validation provisions which may be relevant to this Act.

11 The State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Pt. 5, the State Administrative Tribunal Act 2004 s. 167 and 169, and the State Administrative Tribunal Regulations 2004 r. 28 and 42 deal with certain transitional issues some of which may be relevant for this Act.


Defined Terms

[This is a list of terms defined and the provisions where they are defined. The list is not part of the law.]

Defined Term Provision(s)
agent 4(1), 92(5)(b)
agents code of conduct 4(1)
applicant 131A
appointed day 4(1)
approved 4(1)
Assistance Account 4(1)
assisted person 131A
auditor 4(1)
authorised financial institution 67
bank 4(1)
bank account 67
banker 67
business 4(1)
business agent 4(1)
business day 67
business sales representative 4(1)
business transaction 4(1)
certificate of registration 4(1)
code of conduct for sales representatives 4(1)
commencement day 148
Commissioner 4(1)
committee 23A(1)
defalcation by a licensee 4(1)
department 4(1)
developer 4(1)
dwelling 131A
Fidelity Account 4(1)
fit and proper 27(2), 47(2)
former Board 148
former Registrar 148
franchising agreement 4(1)
General Purpose Account 4(1)
incidental expenses 131A
Interest Account 4(1)
legal practitioner 4(1)
lending institution 131A
liability 148
licence 4(1)
licensed 4(1)
licensee 4(1)
member 4(1)
metropolitan region Sch. cl. 8(4)
party 23C(7)
person aggrieved 23(2)
real estate 4(1)
real estate agent 4(1)
real estate sales representative 4(1)
real estate transaction 4(1)
registered 4(1)
registered sales representative 4(1)
registration 4(1)
renewal 4(1)
repealed Act 4(1)
request 68A(7)
residential premises 61A(3)
reviewable decision 23(2)
right 148
sales representative 4(1)
separate account 67
settlement 61(4a)
specified 159(6)
strata company 4(1)
subsection 103(1)(d)
supervisor 4(1)
tenancy 61A(3)
tenant 61A(3)
transaction 4(1), 61(4a)
transitional matter 159(2)
Treasurer 4(1)
Treasury 4(1)
triennial certificate 4(1)
trust account 92(5)(a)
trust accounts 67
year 67









By Authority: JOHN A. STRIJK, Government Printer


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