Disability etc. of licensed estate agent
31E Disability etc. of licensed estate agent
S. 31E inserted by No. 86/1994 s. 20.
The following people may carry on the estate agency business of a person who was a licensed estate agent for 30 days after the person ceases to be licensed—
if the person dies, the executor named in the person's will or the administrator of the person's estate or any person who intends applying for letters of administration in relation to the person's estate;
if the person becomes an insolvent under administration, the assignee, trustee or receiver of the person;
S. 31E(1)(c) amended by No. 13/2019 s. 221(Sch. 1 item 14.2).
if the person becomes a represented person within the meaning of the Guardianship and Administration Act 2019, the guardian or administrator of the person or any person nominated by the guardian or administrator;
S. 31E(1)(d) amended by Nos 101/1998 s. 37(2), 46/2025 s. 28(4).
if the person becomes an externally administered body corporate, the liquidator, official manager, receiver, receiver and manager or other external administrator.
If a person authorised to carry on a business applies to the Authority within the 30 day period for permission to carry on the business for a longer period, the person may continue to carry on the business until the Authority makes a decision on the application.
The Authority may grant an application if it is satisfied that it is not contrary to the public interest to do so.
In granting its permission, the Authority may limit it in any way it thinks appropriate and may impose any conditions it thinks appropriate to ensure the ongoing protection of the public interest.
A person who carries on an estate agency business under this section is deemed to be the holder of the former agent's licence for the purposes of this Act.
This Act’s bill:Second reading speech
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