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Real Estate Agents Act 2008

Miscellaneous provisions - Offences and penalties - Offences relating to application for licence

145: Offence to fail to notify change in circumstances

You could also call this:

"You must tell the Registrar about changes in your situation or you might get fined."

Illustration for Real Estate Agents Act 2008

If you are a licensee or applying for a licence, you must tell the Registrar about any changes in your circumstances as required by section 67. You will commit an offence if you do not do this without a good reason. If you commit this offence, you can be fined up to $10,000 if you are an individual or up to $50,000 if you are a company.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1317700.

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Part 6Miscellaneous provisions
Offences and penalties: Offences relating to application for licence

145Offence to fail to notify change in circumstances

  1. A licensee or applicant for a licence commits an offence who, without reasonable excuse, fails to notify the Registrar of any change in circumstances as required by section 67.

  2. Every person who commits an offence against this section is liable on conviction,—

  3. in the case of an individual, to a fine not exceeding $10,000; or
    1. in the case of a company, to a fine not exceeding $50,000.

      Notes
      • Section 145(2): amended, on , by section 413 of the Criminal Procedure Act 2011 (2011 No 81).