Property Agents and Motor Dealers Amendment Bill 2002 (Qld)

Queensland

PROPERTY AGENTS AND MOTOR DEALERS AMENDMENT BILL 2002

Section 3 mn

Queensland

PROPERTY AGENTS AND MOTOR DEALERS AMENDMENT BILL 2002

TABLE OF PROVISIONS

Short title. 2... eee eens Act amended ...... 0... 00. ec cee eens Amendment of s 469 (Definitions for ch 14) ...............-..0000005 Insertion of new s 469A 2... eee eee 469A What is the purchase of a "non-investment residential property" . . . Amendment of s 471 (Persons who can not claim).................005 Insertion of new section 471A... 0.0.0.0... cee eee 471A Claims limited to realised loss... 0.0... cece eee eee eee eee Replacement of s 472 (Claims—time limit) ..................0.0000. 472 General time limit for making claims ...................000..

472A Time limit for making particular claims relating to marketeering contraventions and non-investment residential property..........

472B Time limit for a claim notified by receiver ..............0.00.. Amendment of s 473 (How to make aclaim)...............-..0000005 Insertion of new $ 473A 22... eee eee eee teen eens

473A Making particular claims relating to marketeering contraventions and non-investment residential property ..................000.

Insertion of new ch 14, pt2,div4A ..... 0... eee eee

Division 44A—Deciding financial loss for non-investment residential property

488A Application of div 4A ...... 0.0... 488B General test for working out loss... ......... 0.000. e eee eee 488C Adjustment for on-sale not at market value..................0.

Amendment of s 489 (Payment of claims) .................00000000.

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Property Agents and Motor Dealers Amendment Bill 2002 14 16

Replacement of ss 490 and 491....... 00... c cee eee eee eee 490 Liability for payment from the fund .....................205. Amendment of s 492 (Limits on recovery from fund) .................