I’m reading through the new Property and Stock Agents Regulation 2022
under the
Property and Stock Agents Act 2002, care of Victor Dominello.
And so far it’s a pleasure.
A shame these can’t be applied retrospectively.
Eg.
Code of conduct
Record of trust account transactions…
I’m looking forward to reading schedule 4 and schedule 12
The Code of Conduct is worthless window dressing and if you want to be realistic about it then you will realize it sets an impossible bar.
1 Knowledge of Act and regulations
An agent must have a knowledge and understanding of the Act and the regulations under the Act, and such other laws relevant to the category of licence or certificate of registration held (including, laws relating to residential tenancy, fair trading, competition and consumer protection, anti-discrimination and privacy) as may be necessary to enable the agent to exercise his or her functions as agent lawfully.