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REAL ESTATE AND BUSINESS AGENTS ACT 1978 - SCHEDULE

[s. 27 and 146]

        [Heading inserted by No. 19 of 2010 s. 28(2).]

Division 1  —  Qualifications for grant of licence

        [Heading inserted by No. 19 of 2010 s. 28(2).]

1 .         Qualifications

                A person —

            (a)         who has passed, subject to approved exemptions, the prescribed examinations relating to the carrying on and conduct of the business of an agent and the duties and liabilities of an agent and has had sufficient practical experience in negotiating transactions to enable him to carry on the business of an agent satisfactorily; or

            (b)         who has within a period of 5 years immediately preceding his application —

                  (i)         held for a period of at least 2 years a licence, or similar authority, under an approved corresponding enactment of any State or Territory of the Commonwealth to act as an agent or the approved equivalent thereof; and

                  (ii)         in that State or Territory for a period of at least 2 years acted as and carried out the functions of an agent,

                whether on his own behalf or on behalf of a firm or a body corporate, not being a licence, or similar authority, granted to him as being a person of the kind referred to in paragraphs (c) and (d); or

            (c)         who is an executor, administrator, or trustee of a deceased licensee and his application is for the purpose of performing functions, exercising powers, or carrying out duties as such; or

            (d)         who is a spouse or child of a deceased or incapacitated licensee, or a de facto partner of such a licensee (and has been for not less than 2 years immediately before the death or incapacity of the licensee), and is seeking a licence to conduct the business of that licensee until other arrangements can be made for the lawful conduct thereof but not for any period exceeding 3 years,

                is, subject to this Act, qualified for the grant of a licence.

        [Clause 1 amended by No. 74 of 1980 s. 13(a); No. 28 of 2003 s. 177(1); No. 19 of 2010 s. 51.]

2 .         Sufficient practical experience defined

                For the purposes of clause 1(a), but without limiting the generality of the provision in that paragraph in respect of practical experience, a person has had sufficient practical experience in negotiating transactions if he has, during a period of 2 years immediately preceding his application for a licence —

            (a)         lawfully and satisfactorily performed the functions of a sales representative on behalf of a person who lawfully carried out the functions of an agent, during that period or on behalf of a firm which did so; or

            (b)         lawfully and satisfactorily performed the functions of a business agent on his own behalf or on behalf of a firm, or a body corporate, which lawfully carried on the business of a business agent during that period.

        [Clause 2 amended by No. 19 of 2010 s. 51.]

3 .         Licence by reason of qualification under cl. 1(c)

                Such a licence shall not be effective any longer than is necessary for the licensee to perform his functions, exercise his powers, and carry out his duties as executor, administrator, or trustee of the deceased licensee.

        [Clause 3 amended by No. 19 of 2010 s. 51.]

4 .         Licence by reason of qualification under cl. 1(d)

                Such a licence is to be granted at the discretion of the Commissioner and shall be effective only for such period not exceeding 3 years as is determined by the Commissioner and no further such licence shall be granted to the same person in respect of the same circumstances.

        [Clause 4 amended by No. 28 of 2003 s. 177(2); No. 19 of 2010 s. 51; No. 58 of 2010 s. 134.]

5 .         Dead or incapacitated licensee, conduct of business of

        (1)         A person who is not —

            (a)         an executor, administrator, trustee or child of a deceased licensee, or who was not the spouse or de facto partner, within the meaning of clause 1(d), of a deceased licensee immediately before the death of the licensee; or

            (b)         in respect of an incapacitated licensee, the spouse or de facto partner of the licensee, within the meaning of clause 1(d), of the licensee,

                may, with the written permission of the Commissioner, conduct the business of that licensee for such period not exceeding 3 months as is specified in the written permission notwithstanding that he is not otherwise qualified to hold a licence.

        (2)         The Commissioner shall not give his or her written permission for the purposes of subclause (1) unless —

            (a)         the Commissioner receives an application in writing signed by the person seeking to carry on the business; and

            (b)         the Commissioner is satisfied that the person is of good character and repute and fit to be concerned temporarily in the management and control of the deceased licensee’s business and that it is in the interests of that business that the person should be so concerned.

        (3)         While a person carries on the business of a deceased or incapacitated licensee pursuant to this clause he is deemed to be a licensee and the holder of a current triennial certificate and the business is deemed to have carried on without interruption by reason of the death or incapacity.

        [Clause 5 amended by No. 28 of 2003 s. 177(3); No. 19 of 2010 s. 51; No. 58 of 2010 s. 134.]

6 .         Death or withdrawal of partner in firm or director of body corporate, Commissioner to be notified

        (1)         Where a firm or body corporate is licensed and the holder of a current triennial certificate but subsequently by reason of a death or withdrawal it ceases to be qualified in terms of section 28(c) and (d) or section 29(c) and (d), the firm or body corporate shall immediately give to the Commissioner written notice to that effect, and the firm or body corporate may, on such terms as the Commissioner may notify to the firm or body corporate, carry on business for a period of 3 months after the death or withdrawal or until other arrangements are made to comply with the Act, whichever is the sooner.

        (2)         Where a firm or body corporate carries on business pursuant to this clause the business is deemed to have been carried on by a licensee and the holder of a current triennial certificate without interruption by reason of the death or withdrawal.

        [Clause 6 amended by No. 74 of 1980 s. 13(c); No. 19 of 2010 s. 51; No. 58 of 2010 s. 134.]

Division 2  —  Saving and transitional provisions

        [Heading inserted by No. 19 of 2010 s. 28(3).]

[ 7.         Deleted by No. 58 of 2010 s. 133.]

8 .         Certain pastoral companies

        (1)         This clause applies to and in relation to each pastoral company in respect of which an exemption granted under section 11 of the Banking Act 1959 of the Parliament of the Commonwealth, or that Act as amended from time to time, is in force, and in respect of which the Secretary of the Land Agents Supervisory Committee under the repealed Act  4 certifies that the company was an approved applicant within the meaning of that Act and by reason thereof was a licensee under that Act immediately preceding the appointed day  3 and consequently its licence has been continued under clause 7.

        (2)         A pastoral company to and in relation to which this clause applies may carry on business as an agent under and subject to this Act but without complying with the requirements of —

            (a)         section 29(c) and (d); and

            (b)         section 37(2) and section 41,

                if, and only if, it complies with the requirements of subclause (3).

        (3)         A pastoral company to which this clause applies shall establish and maintain a Real Estate and Business Agent’s Section specified as such and —

            (a)         on and after 1 April 1982 that Real Estate and Business Agent’s Section shall have a manager who is a licensee and the holder of a current triennial certificate; and

            (b)         on and after 1 April 1983, the company shall have as the manager of —

                  (i)         each branch office of the company within the metropolitan region at which transactions are negotiated or controlled; and

                  (ii)         each branch office of the company outside the metropolitan region which, in the opinion of the Commissioner, is engaged substantially in the negotiation and control of transactions other than those involving rural and agricultural properties,

                a person who is a licensee and the holder of a current triennial certificate, but in the case referred to in subparagraph (ii) it shall be deemed to be sufficient compliance with this paragraph if the person in control of the real estate and business agency component of the branch is licensed and is the holder of a current triennial certificate; and

            (c)         in respect of each office of the company at which transactions are negotiated or controlled, on and after the appointed day  3 until the provisions of paragraphs (a) and (b) have been complied with, the manager shall be a person who is the holder of a current certificate of registration; and

            (d)         the manager referred to in paragraph (b) shall not be a licensee nominated as manager by any other licensee, shall not be a manager of any other office, and shall not carry on business as an agent on his own account, but if the manager of the Real Estate and Business Agents Section of the company is, in the opinion of the Commissioner, normally in substantial attendance at any one office, another licensee is not required in respect of that office.

        (4)         In subclause (3)(b) metropolitan region means that part of the State that comprised the metropolitan region within the meaning of the Town Planning and Development Act 1928   6 as amended and in force on the date on which this clause came into operation.

        [Clause 8 amended by No. 74 of 1980 s. 13(d); No. 19 of 2010 s. 51; No. 58 of 2010 s. 134.]

[ 9-12.         Deleted by No. 58 of 2010 s. 133.]

13 .         Auctions in respect of real estate transactions

                On and after the appointed date, such an auction shall only be conducted by a person —

            (a)         who may lawfully conduct such an auction under the Auction Sales Act 1973 ; and

            (b)         who —

                  (i)         is, under this Act, a licensee with a current triennial certificate and conducts the auction in the course of his business as such a licensee; or

                  (ii)         is a person who conducts the auction on behalf of, in the course of the business of, and under the supervision and control of such a licensee.

        [Clause 13 amended by No. 19 of 2010 s. 51.]

14 .         Auctions in respect of business transactions not involving real estate transaction

                On and after the appointed day  3 , such an auction shall only be conducted by a person —

            (a)         who may, under the Auction Sales Act 1973 , lawfully conduct such an auction; and

            (b)         who —

                  (i)         is, under this Act, a licensee with a current triennial certificate and conducts the auction in the course of his business as such a licensee; or

                  (ii)         is a person who conducts the auction on behalf of, in the course of the business of, and under the supervision and control of such a licensee.

        [Clause 14 amended by No. 19 of 2010 s. 51.]

[ 15.         Deleted by No. 58 of 2010 s. 133.]

16 .         Continuation of certain office managers

        (1)         Notwithstanding section 37(2), a person, who immediately before the appointed day  3  —

            (a)         was registered as a land salesman under the repealed Act  4 and had been so registered for a period of not less than 3 years; and

            (b)         was the manager of a branch office of the business of an agent and had been the manager of such a branch office for a period of not less than one year,

                may be nominated by a licensee as manager of a registered branch of the licensee’s business and may continue to act as such a manager if the Commissioner so approves and the person continues to be registered as a sales representative.

                (2)         For the purposes of subclause (1) the other provisions of this Act shall be read and construed with such modifications as are necessary and, without limiting the generality thereof, shall be read and construed with the following particular modifications —

            (a)         a person acting as the manager of a registered branch office pursuant to subclause (1) shall identify himself as the manager and a real estate or business sales representative, or both and not as a real estate or business agent, or both; and

            (b)         the other provisions of this Act that apply to and in relation to sales representatives apply to and in relation to a person acting as the manager of a registered branch office pursuant to subclause (1), and not such other provisions that apply to and in relation to a manager who is a licensee except to the extent that they are necessary to so apply in respect of the duties and obligations of the manager of such a branch.

        [Clause 16 amended by No. 74 of 1980 s. 13(g); No. 19 of 2010 s. 51; No. 58 of 2010 s. 134.]

[Heading deleted by No. 55 of 2004 s. 1019.]

[ 17-24.         Deleted by No. 55 of 2004 s. 1019.]




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