Victorian Numbered Regulations Victorian Numbered Regulations(1) An agent's representative must always act in a principal's best interests except where it would be unlawful, unreasonable, improper or contrary to his or her principal's instructions to do so.
(2) An agent's representative must not act for a principal where to do so would place his or her interests in conflict with that of that principal.
(3) If an agent's representative recommends a supplier of goods and services to a principal, the agent's representative must disclose to the principal any personal or commercial relationship between the agent's representative, the licensed estate agent (for whom the agent's representative is performing the functions of an estate agent) and the supplier of goods and services.