Australian Capital Territory Numbered Regulations

ACT CIVIL AND ADMINISTRATIVE TRIBUNAL REGULATION 2009 (NO 1 OF 2009) - REG 9

    (1)     The following purposes are prescribed for amounts paid under the Agents Act 2003 :

        (a)     promoting education and understanding of the Agents Act 2003 (the Agents Act ) for licensed agents, registered salespeople and the public;

        (b)     providing dispute resolution services for disputes involving licensed agents or registered salespeople;

        (c)     paying additional amounts to the compensation fund;

        (d)     researching issues of concern to licensed agents and people using the services of licensed agents, whether or not the issues arise under the Agents Act ;

        (e)     paying or reimbursing costs incurred by the commissioner for fair trading on behalf of the Territory for applications to the ACAT in relation to a licensed agent or registered salesperson;

        (f)     paying reasonable costs and expenses incurred by an administrator under the Agents Act, section 143 (Remuneration of administrators);

        (g)     reimbursing the Territory for the cost of administering the Agents Act and the ACT Civil and Administrative Tribunal Act 2008 .

    (2)     In this section:

"compensation fund"—see the Agents Act, dictionary.

"licensed agent"—see the Agents Act, dictionary.

"registered salesperson"—see the Agents Act, dictionary.