Estate Agents Act 1980

If an estate agent fails to comply with the requirements of section 64(1), (1A) or (2A), the Authority may give written notice to the estate agent that—

the estate agent's licence will be suspended for a period of up to 12 months specified in the notice if the estate agent fails to lodge the report required to be lodged under section 64(2A) on or before a date specified in the notice; and

the suspension will commence on that specified date.

Before the date of suspension specified in a notice given under subsection (1), the Authority may give a further written notice to the estate agent under that subsection which specifies an amended—

date by which the report referred to in subsection (1)(a) is to be lodged; and

period of suspension for the purposes of that subsection.

The Authority, by written notice given to the estate agent, may suspend the licence of the estate agent for the period specified in the notice given under subsection (1) if the estate agent has failed to lodge the report referred to in subsection (1)(a) by the date specified in the notice given under that subsection.

A notice under subsection (3) must—

be given to the estate agent within 7 days after the date the suspension commences; and

specify the period of suspension.