Section 49A(4)(c) of the Estate Agents Act 1980 (Vic) requires every estate agent authority to contain a statement that the agent is not entitled to retain any rebate and must not charge the client more than the cost of expenses, regardless of whether the agent will receive any rebate or charge any expenses. An authority that merely states the agent will not be entitled to any rebate, without stating the prohibition on retention, does not comply. Non-compliance bars the agent from suing for or recovering commission under s 50.
The full text is available to signed-in members, including the 10 later cases that cite this judgment.
1 of the 10 citing cases carry a classified treatment. How each court treated it is available to signed-in members.