Meaning of agent
4 Meaning of agent
A person is an agent for the purposes of this Act if the person carries on a business that consists of or involves—
selling or purchasing or otherwise dealing with land or businesses on behalf of others, or conducting negotiations for that purpose;
or
selling land or businesses on his or her own behalf, or conducting negotiations for that purpose.
However, a person does not act as an agent in so far as—
the person sells or purchases or otherwise deals with land or businesses on behalf of others, or conducts negotiations for that purpose, in the course of practice as a legal practitioner; or
the person sells land or businesses, or conducts negotiations for that purpose, through the instrumentality of an agent; or
the person engages in mortgage financing.
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