New South Wales Consolidated Regulations

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PROPERTY AND STOCK AGENTS REGULATION 2014 - REG 43

Proposed contract for sale of residential property--exception

43 Proposed contract for sale of residential property--exception

Section 63 of the Act does not apply if the indication, offer or invitation referred to in section 63 (3) of the Act is made under an agreement between licensees to share any commission, fee, gain or reward in respect of the sale and section 63 of the Act is complied with in respect of the indication, offer or invitation when made by the licensee with whom the person on behalf of whom the agent is acting has entered into an agency agreement.



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