reg 29

Transitional

In force

(1)

In this rule —

transitional period means the period of 2 months beginning on the day on which the Real Estate and Business Agents and Sales Representatives Code of Conduct 2016 (other than rules 1 and 2) comes into operation.

(2)

For the purposes of sections 34(1), 50(1) and 103(2)(c)(iii) and (4)(c)(iii) of the Act, an agent or sales representative to whom this rule applies is taken not to have acted in breach of this code.

(3)

This rule applies to an agent or sales representative who during the transitional period —

(a)

fails to comply with a provision of this code; but

(b)

complies with the provisions of the Code of Conduct for Agents and Sales Representatives 2011.

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