Victorian Numbered Acts

CONSUMER AFFAIRS LEGISLATION AMENDMENT ACT 2014 (NO. 50 OF 2014) - SECT 31

    (1)     For section 6(2)(a) and (b) of the Estate Agents Act 1980 substitute —

    "(a)     3 are to be persons from the real estate industry, of whom at least 2 must be appointed from a panel of names submitted under subsection (2A);

        (b)     one is to be a person appointed from a panel of names submitted under subsection (2B);".

    (2)     After section 6(2) of the Estate Agents Act 1980 insert —

    "(2A)     For the purposes of subsection (2)(a), the panel is to—

        (a)     consist of the names of 8 persons or, if only one vacancy on the Council is to be filled, 4 persons, who have been practising as licensed estate agents for the previous 5 years; and

        (b)     be submitted by The Real Estate Institute of Victoria Limited ACN 004 210 897.

    (2B)     For the purposes of subsection (2)(b), the panel is to—

        (a)     consist of the names of 3 persons or, if only one vacancy on the Council is to be filled, 2 persons, who have been practising as licensed estate agents for the previous 5 years; and

        (b)     be submitted by the Australian Livestock & Property Agents Association Limited ACN 096 142 880.".