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Real Estate Agents Act 2008

Miscellaneous provisions - Offences and penalties

138: General penalty

You could also call this:

"Breaking the rules can cost you a big fine"

Illustration for Real Estate Agents Act 2008

You can get a fine if you break a rule in the Real Estate Agents Act 2008. If you are an individual, the fine can be up to $40,000. If you are a company, the fine can be up to $100,000.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1152148.

Topics:
Money and consumer rights > Consumer protectionBusiness > Industry rules
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137: Meaning of licensee and person related to licensee in sections 134 to 136, or

"Who is a real estate agent and who is connected to them?"

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139: Forfeiture for certain offences, or

"Losing money earned from doing real estate work without a licence"

Part 6Miscellaneous provisions
Offences and penalties

138General penalty

  1. Every person who commits an offence against this Act for which no penalty is provided elsewhere than in this section is liable on conviction,—

  2. in the case of an individual, to a fine not exceeding $40,000; or
    1. in the case of a company, to a fine not exceeding $100,000.

      Notes
      • Section 138: amended, on , by section 413 of the Criminal Procedure Act 2011 (2011 No 81).