Queensland Consolidated Acts

AGENTS FINANCIAL ADMINISTRATION ACT 2014 - SECT 6

6 Main object

(1) The main object of this Act is to protect consumers from financial loss in dealings with agents regulated under an Agents Act.

(2) The object is to be achieved mainly by—

(a) regulating the way agents establish, manage and audit trust accounts; and

(b) establishing a claim fund to compensate persons in particular circumstances for financial loss arising from dealings with agents; and

(c) promoting administrative efficiency for claims made against the claim fund.