Queensland Consolidated Acts

AGENTS FINANCIAL ADMINISTRATION ACT 2014 - SECT 89

89 Making particular claims relating to marketeering contraventions and non-investment residential property

(1) This section applies to a claim against the fund for capital loss because of, or arising out of, a marketeering contravention relating to the purchase of a non-investment residential property.

(2) The claim must—

(a) be made to the chief executive in the approved form; and

(b) state the realised capital loss claimed.

Note—

See also division 6 (Deciding financial loss for non-investment residential property).

(3) A purported claim that does not substantially comply with subsection (2) is of no effect.

(4) The chief executive may require the claimant to verify the claim or part of the claim.

Example of verification—

statutory declaration

(5) To remove any doubt, it is declared that if the purchase was by more than 1 person, only 1 claim may be made.

(6) A claim mentioned in subsection (5) may be made by 1 of the purchasers or by 2 or more of the purchasers jointly.