(b) cause a copy of the notice to be served personally or by post upon the applicant at least three days before the hearing of the application; and (c) send or deliver— S. 12(1)(c)(i) amended by No. 57/1989 s. 3(Sch. item 164.6(b)). (i) where the objection is not made by the officer in charge at the police station nearest to that venue of the Court—a copy of the notice to such officer; and S. 12(1)(c)(ii) amended by No. 33/2004 s. 202(Sch. item 3(b)). (ii) where the objection is not made by the Chief Commissioner—a copy to the Chief Commissioner. (2) Such objection may be made on the grounds that the applicant— (a) is not of good character; S. 12(2)(b) amended by No. 9075 s. 5(2), substituted by No. 37/1990 s. 5(e). (b) is under the age of 18 years; (c) is bankrupt; (d) has been guilty of harassing tactics; (e) has been guilty of conduct which renders him unfit to hold a licence as a private agent; (f) has contravened or failed to comply with any provision of this Act or the regulations and that the contravention or failure warrants the refusal of a licence; (g) has been convicted of an offence involving stealing fraud or unlawful entry upon any premises or of any other offence which warrants the refusal of a licence; or
S. 31(2)(a) amended by No. 8960 s. 3(2)(a). (a) where the applicant or licence holder is a corporation—$30 000; S. 31(2)(b) amended by No. 8960 s. 3(2)(b). (b) where the applicant or licence holder is a person other than a corporation, who proposes to carry on or carries on the business of a commercial agent in partnership with another person—$9000; and S. 31(2)(c) amended by No. 8960 s. 3(2)(c). (c) where the applicant or licence holder is a person other than a corporation, who is not a person referred to in paragraph 000. S. 31A inserted by No. 8960 s. 4(1). 31A Value of trustee securities (1) In determining the value of any trustee securities for the purposes of this Act, the value shall be— (a) where the face value of the securities is not higher than the market value of the securities—the face value of the securities; (b) where the face value of the securities is higher than the market value of the securities—the market value of the securities. (2) Any interest accruing on trustee securities lodged as surety with the Treasurer shall, subject to this Act, be payable to the commercial agent who lodged the securities or to any other person nominated in writing by him. S. 31B inserted by No. 8960 s. 4(1). 31B Where value of trustee securities is reduced additional securities to be lodged s. 31A
S. 32(2) amended by No. 57/1989 s. 3(Sch. item 164.14(b)). (2) Such notice shall specify the date (not being earlier than thirty days after the date of the service of the notice on the commercial agent and the registrar at the proper venue of the Magistrates' Court) upon which the bond is to be terminated. S. 32(3) amended by No. 33/2004 s. 194. (3) The obligation of the insurance company or person shall from such specified date be terminated so far as it relates to transactions by the commercial agent after such specified date, other than the duly accounting to the persons entitled thereto of any trust funds received by the commercial agent before such specified date. S. 32(4) amended by No. 8960 s. 5(b). (4) Where such bond is terminated during the period for which the licence held by the commercial agent is in force, that licence shall be suspended until a further surety is lodged and is in force, and such commercial agent shall during the period of such suspension be deemed not to be the holder of a licence. 33 Inspection of surety S. 33(1) amended by Nos 8960 s. 5(c)(i), 57/1989 s. 3(Sch. item 164.15). (1) Any person may, on payment of a fee of cents ($0.25), inspect a surety lodged at the Magistrates' Court and take a copy thereof. S. 33(2)(3) repealed by No. 8960 s. 5(c)(ii). * * * * * S. 33A inserted by No. 8960 s. 4(2). 33A Trustee securities to remain lodged for at least two years after licence ceases s. 33 Trustee securities lodged with the Treasurer as surety shall, unless distributed pursuant to section 34A, remain so lodged for a period of two years after the commercial agent ceases to hold a five
S. 51(1)(c) amended by No. 37/1990 s. 14(b). (c) the procedure on applications, renewals, issuing licences, hearings and other proceedings under this Act; S. 51(1)(d) amended by No. 33/2004 s. 201(a). (d) records to be kept and returns to be made by commercial agents or commercial and the inspection of such records; (e) generally, prescribing all matters which by this Act are required or permitted to be prescribed or which are necessary or expedient to be prescribed for carrying out or giving effect to this Act; S. 51(1)(f) amended by No. 37/1990 s. 14(c). (f) prescribing penalties not exceeding 10 penalty units for any contravention of or failure to comply with any regulation; S. 51(1)(g) inserted by No. 37/1990 s. 14(d). (g) issuing duplicate licences; S. 51(1)(h) inserted by No. 37/1990 s. 14(d), amended by No. 33/2004 s. 202(Sch. item 15). (h) prescribing the duties and functions of the Chief Commissioner. S. 51(1)(i)(j) inserted by No. 37/1990 s. 14(d), repealed by No. 33/2004 s. 201(b). * * * * * s. 51 S. 51(2) inserted by No. 37/1990 s. 14(e), amended by No. 78/2010 s. 24(Sch. 1 item 24.1). (2) Regulations made under this section may be disallowed in whole, or in part, by resolution of either House of Parliament. s. 51
Assent Date: 8.5.01 Commencement Date: S. 3(Sch. item 58) on 1.6.01: s. 2(2) : This information relates only to the provision/s amending the Private Agents Act 1966 Monetary Units Act 2004, No. 10/2004 Assent Date: 11.5.04 Commencement Date: S. 15(Sch. 1 item 22) on 1.7.04: s. 2(2) : This information relates only to the provision/s amending the Private Agents Act 1966 Private Security Act 2004, No. 33/2004 Assent Date: 1.6.04 Commencement Date: Ss 203, 204 on 2.6.04: s. 2(1); ss 186–202, Sch. on 1.7.05: s. 2(3) : This information relates only to the provision/s amending the Private Agents Act 1966 Statute Law Revision Act 2007, No. 28/2007 Assent Date: 26.6.07 Commencement Date: S. 3(Sch. item 52) on 27.6.07: s. 2(1) : This information relates only to the provision/s amending the Private Agents Act 1966 Subordinate Legislation Amendment Act 2010, No. 78/2010 Assent Date: 19.10.10 Commencement Date: S. 24(Sch. 1 item 24) on 1.1.11: s. 2(1) : This information relates only to the provision/s amending the Private Agents Act 1966 ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– Explanatory Details Endnotes No entries at date of publication.