388Rights of landbrokers

1. This section applies to every person who, immediately before the date on which this Act received the Royal assent, held a licence as a landbroker under section 229 of the Land Transfer Act 1952.

2. A person to whom this section applies is entitled to be registered as a conveyancer if, within the period of 12 months beginning with the date of the coming into force of the rules that, as required by section 82, provide for the registration of conveyancers, he or she makes an application under those rules for registration as a conveyancer and satisfies the person or body charged under those rules with considering that application that the applicant is both—

3. a person to whom this section applies; and
4. a fit and proper person to be registered as a conveyancer.

5. Every licence as a landbroker that is held under section 229 of the Land Transfer Act 1952 by a person to whom this section applies is, unless sooner revoked under section 232 of that Act, cancelled as from the earlier of—

6. the registration of that person as a conveyancer; or
7. the close of the period of 12 months referred to in subsection (2).

8. Nothing in this Act prevents a person to whom this section applies from acting as a landbroker in the period beginning with the date on which this Act received the Royal assent and ending with the earlier of—

9. the registration of that person as a conveyancer; or
10. the close of the period of 12 months referred to in subsection (2).

11. Nothing in sections 32, 33, and 35 prevents a person to whom this section applies from carrying out, in the period beginning with the date on which this Act received the Royal assent and ending with the close of the period of 12 months referred to in subsection (2), any of the following actions:

12. providing conveyancing services in New Zealand and describing himself or herself as a conveyancing practitioner, conveyancer, or landbroker:
13. using, in connection with his or her business, employment, or profession, any words, initials, abbreviations of words, symbols, or representations intended or likely to cause any other person to believe that the person is qualified to undertake conveyancing:
14. providing conveyancing services to any other person for gain or reward.

15. A person to whom this section applies ceases to be such a person if his or her licence as a landbroker is revoked under section 232 of the Land Transfer Act 1952.