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PROPERTY OCCUPATIONS ACT 2014 - SECT 99
Property agent and resident letting agent must not act for more than 1 party
(1) A property agent or resident letting agent must not act for more than 1
party to a transaction. Penalty— Maximum penalty—200 penalty units.
(2) If a property agent or resident letting agent acts for more than 1 party
to a transaction, an appointment to act for a party to the transaction is
ineffective from the time it is made.
(3) If the transaction is an exchange
of property, a property agent does not contravene subsection (1) , and
subsection (2) does not apply to the extent that the agent acts for each of
the parties to the transaction.
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