New South Wales Consolidated Regulations

PROPERTY AND STOCK AGENTS REGULATION 2022 - REG 8

8 Rules of conduct--the Act, s 37

(1) The rules set out in Schedules 1-4 are prescribed for the Act, section 37 as rules of conduct to be observed in the course of the carrying on of business or the exercise of functions under a licence or certificate of registration.

(2) Schedules 1-4 apply as follows--

(a) Schedule 1 applies to all agents and assistant agents,

(b) Schedule 2, Part 1 applies to real estate agents and assistant real estate agents who exercise--

(i) real estate sale or leasing functions in relation to the sale or purchase of land, or

(ii) business agent functions,

(c) Schedule 2, Part 2 applies to real estate agents and assistant real estate agents who exercise--

(i) real estate sale or leasing functions in relation to the lease of land, or

(ii) on-site residential property manager functions,

(d) Schedule 3 applies to stock and station agents and assistant stock and station agents,

(e) Schedule 4 applies to strata managing agents and assistant strata managing agents.

(3) A reference to a
"business" in Schedule 1 includes a reference to a professional practice.

(4) A reference to an
"agent" in Schedules 1-4 includes a reference to an assistant agent to whom the Schedule applies.