New South Wales Consolidated Acts

PROPERTY AND STOCK AGENTS ACT 2002 - SECT 176

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(1) The Secretary may cause to be published a notice relating to a defaulting licensee and fixing a date by which claims must be made under this Part.

(2) The notice is to be published in a newspaper circulating in the district in which the defaulting licensee is or was carrying on business, and also in a newspaper circulating in Sydney. One newspaper may satisfy both requirements.

(3) Any claim not made in writing on or before the date fixed by the notice is barred, unless the Secretary otherwise determines.

(4) After that date, the Secretary may distribute compensation in accordance with this Part, having regard only to judgments obtained and claims allowed against the Compensation Fund.