Power of Director to investigate disputes
56A Power of Director to investigate disputes
S. 56A inserted by No. 52/1998 s. 94.
The Director may investigate any dispute that arises between an estate agent and—
a client of the estate agent; or
another estate agent; or
a member of the public.
However the Director must not investigate any dispute between an estate agent and a client of an estate agent concerning the amount of commission or outgoings charged by the agent unless the Director is given notice of the dispute within 28 days after the day that the client receives—
an account for the amount in dispute; or
notice that the agent has taken from the agent's trust account the amount in dispute—
whichever is the later.
Subsection (2) does not apply if, in the opinion of the Director, there are exceptional circumstances.
At the request of a party to the dispute, the Director may refer to the Tribunal at any time a dispute concerning the amount of commission or outgoings charged.
This Act’s bill:Second reading speech
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