Source: http://www.legislation.nsw.gov.au/tocview/inforce/act%2B3%2B2003%2Bpt.11-div.1-sec.155%2B0%2BN
Timestamp: 2013-05-26 05:54:46
Document Index: 287525623

Matched Legal Cases: ['art 2', 'art 3', 'art 4', 'art 5', 'art 6', 'art 7', 'art 8', 'art 9', 'art 10', 'art 11', 'art 12', 'art 13']

Contents (2003 - 3)
Conveyancers Licensing Act 2003 No 3Status informationLong title
1 Name of Act 2 Commencement 3 Definitions 4 Conveyancing work 5 Notes Part 2 Licences
licensed 7 Effect of licence Division 2 Eligibility, qualifications and
8 Eligibility for licence 9 Qualifications for licence 10 Disqualified persons Division 3 Application and issue procedure
2002 12 Application fees and Compensation Fund
contributions 13 Grounds for refusal of licence 14 Conditions—general 15 Special condition requiring professional indemnity
insurance 16 Issue of licence 17 Duration 18 (Repealed) Part 3 General conduct of licensees
19 Business names Division 2 Business practices and supervision
licensee 21 Duty of licensee and person in charge to properly
supervise conveyancing business 22 Rules of conduct for licensee’s business 23 Undertakings by licensees 24 Duty of licensee to notify failure to account 25 Industry association to report failure to
account 26 Sharing of receipts with unqualified persons 27 Partnerships 28 Conduct of other businesses Division 3 Employees
29 Employment of disqualified persons 30 Liability of licensee for acts of employees 31 Licensee to keep records of certain employees 32 Duty of licensee to notify disqualification of
employee 33 Employees required to notify disqualification Division 4 Advertisements and representations
34 Advertising 35 Advertisement to include information about
licensee Division 5 Disclosure of costs and other matters
clients 37 When disclosure to be made 38 Disclosure to be in writing 39 Exception to disclosure 40 Regulations as to disclosure 41 Effect of non-disclosure of matters related to basis of
costs Part 4 Resolution of costs disputes
42 Definition Division 2 Preliminary procedure
43 Notifying Tribunal about costs dispute 44 Attempts to resolve costs dispute 45 Costs of assessment 46 Procedure if agreement reached on costs dispute Division 3 Determination of costs dispute
47 Application for determination of costs dispute 48 Preliminary procedure must be followed 49 Jurisdiction of Consumer, Trader and Tenancy Tribunal in
relation to costs disputes 50 Tribunal to be chiefly responsible for resolving costs
disputes 51 Powers of Tribunal Part 5 Trust money
52 Interpretation Division 2 Payment of trust money into trust
53 Payment of trust money into trust account 54 Approval of authorised deposit-taking
institutions 55 Trust money not available to pay licensee’s
debts 56 Licensee to notify trust account becoming
overdrawn 57 Interest earned on trust accounts to be paid to Statutory
Interest Account Division 3 Responsibilities of authorised deposit-taking
58 Overdrawn trust accounts 59 Dishonoured cheques 60 Annual certification by auditor 61 Protection of authorised deposit-taking institutions from
liability Division 4 Unclaimed trust money
62 Unclaimed trust money held by licensee 63 Unclaimed trust money held by former licensee or personal
representative 64 Disposal of unclaimed money in trust accounts 65 Repayment of unclaimed trust money Division 5 Information about trust accounts or
66 Director-General may require information 67 Person concerned in transaction may request itemised
account 68 Offence Part 6 Records
69 Licensee’s records 70 Inspection of licensee’s records 71 Inspection of records of authorised deposit-taking
institutions 72 Power to require production of licensee’s
records 73 Power to take possession of records to be used as
evidence 74 Offence Division 2 Audit of licensee’s records
75 Requirement for audit 76 Audit period 77 Statutory declaration required where no money held or
received on behalf of another person 78 Audit obligations of partners 79 Qualifications of auditors 80 Duties of auditors Division 3 Freezing of accounts
81 Definitions 82 Director-General may freeze licensee’s accounts in
particular cases 83 Financial institution must comply with
direction 84 Account not to be operated unless Director-General
allows 85 Director-General may operate account 86 Withdrawal of direction Part 7 Claims arising from failure to account
87 Definition 88 Claims can be made against Compensation Fund 89 Contributions by applicants for licences Part 8 Management and receivership
90 Definitions 91 Associates of a licensee 92 Failure to account Division 2 Management
93 Appointment of manager 94 Qualifications for appointment as a manager 95 Powers of a manager 96 Management continues under receivership 97 Acts of manager to be taken to be acts of
licensee 98 Manager may be reimbursed 99 Payment of expenses of management 100 Manager to report to Director-General 101 Trust money 102 Office accounts 103 Termination of management 104 Obstruction of managers Division 3 Receivership
105 Supreme Court may appoint receiver 106 Receivership may extend to property of licensee’s
associate 107 Court to be closed 108 Order to be served 109 Receiver may take possession of property 110 Information about receivable property 111 Stop order on account 112 Improper dealing with property 113 Recovery of compensation for disposal of receivable
property 114 Receiver may give certificate 115 Receiver is taken to be beneficially entitled 116 Receiver may deal with property 117 Other powers of receiver 118 Notice to claim receivable property 119 Lien for costs on receivable property 120 Examination by receiver 121 Property not dealt with by receiver 122 Investment of money by receiver 123 Receiver may be reimbursed for damages 124 Payment of expenses of receivership 125 Supreme Court may review expenses of
receivership 126 Receivable property not to be attached 127 Applications for directions by receiver, licensee
etc 128 Supreme Court may give general directions to
receiver 129 Receiver to report to Supreme Court and
Director-General 130 Termination of appointment of receiver 131 Obstruction of receivers Part 9 Complaints and disciplinary action
132 Grounds for disciplinary action 133 Disciplinary action 134 Decision to take no further action 135 Complaints 136 Show cause notice 137 Power to suspend licence when show cause notice
served 138 Inquiries and investigation 139 Taking of disciplinary action 140 Recovery of monetary penalty 141 Review of disciplinary action by ADT 142 Warning notices 143 Failure to comply with disqualification from involvement
in business 144 Return of suspended or cancelled licence Part 10 Enforcement
145 Authorised officers 146 Powers of entry, inspection etc 147 Power of authorised officer to obtain information,
records and evidence 148 Obstruction etc of authorised officers 149 Taking possession of records to be used as
evidence 150 Search warrants 151 Injunctions Part 11 Offences and proceedings
received by licensee 153 Fraudulent accounts for expenses, fees and other
charges 154 Failure to account 155 Offences by persons other than principal
offenders 156 Operation of Crimes Act
1900 not affected Division 2 Proceedings
157 Proceedings for offences 158 Penalty notices 159 Time for laying information 160 Liability of directors etc for offences by
corporation—accessory to the commission of the offences Part 12 Administration
161 Disclosure of information 162 Register 163 Certificate evidence 164 Delegation Part 13 Miscellaneous
165 Fair Trading Act not affected 166 Exclusion of personal liability 167 Service of notices and directions 168 Repeals 169 Savings and transitional provisions 170 (Repealed) 171 Displacement of Corporations legislation 172 Regulations 173 Review of Act Schedule 1 Savings and transitional provisions