New South Wales Consolidated Acts
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PROPERTY AND STOCK AGENTS ACT 2002 - SECT 60
Agency agreement can be rescinded during cooling-off period
60 Agency agreement can be rescinded during cooling-off period
(1) The client can rescind an agency agreement by serving a notice of
rescission on the agent under the agreement during the cooling-off period for
the agreement.
(2) To be effective, the notice of rescission must-- (a) be in
writing addressed to the agent and be to the effect that the client rescinds
the agreement, and
(b) be signed by the client or the client's Australian
legal practitioner or, if there is more than one client, by each client or
their respective Australian legal practitioners.
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