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Real Estate Agents Act 2008

Miscellaneous provisions - Provisions relating to repeal of Real Estate Agents Act 1976 - Repeal of Real Estate Agents Act 1976

159: Membership of REINZ

You could also call this:

"Being a member of the Real Estate Institute of New Zealand"

Illustration for Real Estate Agents Act 2008

You are a member of REINZ if you were a member before section 157 started. You stay a member until your membership ends or you resign. This happens according to REINZ's rules.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1358245.

Topics:
Business > Industry rules
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158: Transfer of assets and liabilities, or

"When the Real Estate Agents Licensing Board closes, its assets and liabilities move to REINZ."

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160: Continuation of certain provisions of Real Estate Agents Act 1976, or

"Some old rules from 1976 still apply to real estate agents until a special fund is closed."

Part 6Miscellaneous provisions
Provisions relating to repeal of Real Estate Agents Act 1976: Repeal of Real Estate Agents Act 1976

159Membership of REINZ

  1. A person who immediately before the commencement of section 157 is a member of REINZ continues to be a member of REINZ in accordance with the rules of REINZ until the person’s membership is terminated in accordance with those rules or until the person resigns his or her membership.