Board means the Board of the Council established under this Act. We acknowledge the traditional owners of this land and pay respect to Elders, past, present and emerging. exercising regulated functions hold licence or certificate, Production of licence or certificate of General Inquiries info@astc.edu.au. This requirement improves the accountability and transparency of agents by ensuring they do not mix rental and sales money in a single trust account. institutions, Power to require production of licensees This definition is not limited to the selling of land and extends to an agent acting on behalf of the buyer of land (a buyers agent). agents, Secretary may freeze licensees accounts in NSW Fair Trading is a competent regulator of high volume, low value transactions with minimal legal complexity. A fine (Penalty Infringement Notice) may also be issued - $550 for an individual or $1,100 for a corporation. 2. The new system includes 3 licence levels. Information on different ways you can pay for products and services. This section does not affect the operation of the Property, Stock and Business Agents Act 2002. The new CPD requirements divide CPD into compulsory and elective topics. Maximum penalty for a first offence: In the case of a corporation, 50 penalty units or, in the case of an individual, 20 penalty units. Contents . Status: Assented on Wed 10 Jul 2002 - Act No 66 of 2002 (GG No. Property and Stock Agents Regulation 2014 The purpose of this Regulation is to remake , with minor amendments, the provisions of the Property and Stock Agents regulations 2003, which was revoked on the 1st of september 2014 by section 10 (2) of the subordinate legislation Act 1989. Status of this statement . licensees accounts, Part 11 Property Services Statutory Interest Conduct livestock sale by auction (CPPDSM4039A) and Conduct auction of rural property (CPPDSM4037A) for stock and station agent licensees. PROPERTY AND STOCK AGENTS ACT 2002 - SECT 3 Definitions 3 Definitions (1) In this Act-- "agency agreement" means an agreement pursuant to which a licensee performs or agrees to perform services in the capacity of a licensee. Information about regulations for vehicles including autogas and bull bars. Property, Stock and Business Agents Act 2002 The Property, Stock and Business Agents Act 2002 (the Act) is the primary law regulating the property industry in NSW. Search. Further repairs to the tune of $108,000 were carried . This ensures that rent is passed on in a timely manner and landlords are aware if there has been a failure to account in their rental income. Licence holders will be required to undertake a minimum number of hours of CPD per year. For more information, see how to apply for a strata managing agent licence. Secretary, Application of money in Compensation Fund, Division applies when person reasonably believed to be a What is the purpose of property and stock agents act? . Definitions 3A. Where any conflict arises between this Code of ethics and Practice and Law, the Statute Law will prevail. Property and Stock Agents Act 2002 2. 2. evidence, Additional requirements for strata managing The purpose of this Statement of Regulatory Intent is to outline NSW Fair Trading's enforcement intentions for new regulatory obligations under the Property and Stock Agents Act 2002, which started on 23 March 2020. (These include properties that were listed before under a different MLS number.) Common law property is a system that most states use to determine the ownership of property, particularly in cases of divorce. transactions, Person concerned in transaction may request itemised This establishes a clear training pathway for assistant agents to advance to a class 2 or class 1 licence as they build on work experience and improve their knowledge of the industry. For the purpose of the Property Stock and Business Agents Act 2002 (NSW) and the Agents Act 2003 (ACT) and in all cases Rent Steet does not act on behalf of the owner in relation to the lease and therefore will not conduct a preliminary physical inspection of the property. . property, Division 5 Advertisements and representations, Advertisements to include information about Information on promotional raffles including authority, prizes, tickets, advertising rules and record keeping. registration, Division 3 Application and issue procedure, Application of Licensing Authority to Act forms are documents that allow an individual to authorise a trusted person to act on their behalf. Navigation. Section 72 of the Act prohibits an agent from making false representations about their true estimate of a property's selling price to either a seller or prospective seller of residential property. Property, Stock and Business Agents Act 2002. for a person to do any of the following as a result of a collusive practice, or to induce or attempt to induce another person by a collusive practice to do any of the following: a.to abstain from bidding, b.to bid to a limited extent only, . Internal administrative purposes, including liaising with you in relation to your application. institutions, Protection of authorised deposit-taking institutions from Anti-Discrimination Act 1977. Part 12 provides that a breach of such an undertaking is grounds for taking disciplinary action against a person. An investigator appointed under Section 18 of the Fair Trading Act of 1987; or. charges, Offences by persons other than principal accredited, Special condition requiring professional indemnity Select one of the tile below to get started. 1943, Act 231, Imd. Select a tile below to get started. 172. Collected survey data on how and why tenancies end. receiver, Receiver to report to Supreme Court and received by licensee or registered person, Fraudulent accounts for expenses, commission and other Licence or certificate of registration holders are authorised to continue carrying out their current functions in their area of practice after 23 March 2020. It is up to the principal licensee to determine how they apportion the business. Real estate agent functions 3B. AND WHEREAS, by that Covenant, Australia has undertaken to adopt such legislative measures as may be necessary . gifts or benefits, Division 1 Requirements for agency agreements, No entitlement to commission or expenses without agency PROPERTY, STOCK AND BUSINESS AGENTS ACT 2002 SECTION 47 DISCLOSURE TO: [Insert name and address of recipient of the form1] Your sale/purchase/proposed purchase2 of [insert address of property] I/We* set out below: the nature of my/our* relationship with each person named below to whom I/we* have During the last ten years from 2000 to 2010, the Office of Fair Trading, NSW has undertaken a number of reviews with . The full title of the legislation is the Property and Stock Agents Act 2002. a development application or complying development certificate application has been lodged for rectification regarding the cladding. receivership, Applications for directions by receiver, licensee An auctioneer is a person who holds an auctioneer licence authorising the performance of the activities mentioned in section 25.. 15 Who is a property agent. Property, Housing and Development Real Property. All materials are posted on the site strictly for informational and educational purposes! To do that, a person must hold a real estate agents licence. A Brilliant Seal Lifelong Waterproofing Systems London - Egyeslt Kirlysg cgcsoport tulajdona/ 1163. agents, Duty of licensee not to engage certain persons, Duty of licensee to notify disqualification of employees 1 Knowledge of Act and regulations Secretary, Application of money in Compensation Fund, Division applies when person reasonably believed to be a Proceeds of crime(2(1)(u)): Property derived dir/ indir, by any person as result of criminal activity relating to schedule offence (sch. Act, Part 2 Licences and certificates of registration, Division 1 Requirement for licence or certificate of commissions, Prohibition against listing residential or rural land Skip Navigation. Property and Stock Agents Act 2002 (NSW) and Property and Stock Agents Regulation 2014 (NSW) The Real Estate Institute of New South Wales Limited . agreements, Cooling-off period for residential or rural agency See the CPD requirements for more information. Check if your community gaming is eligible. . For the purpose of the Property Stock and Business Agents Act 2002 (NSW) and the Agents Act 2003 (ACT) and in all cases Rent Steet does not act on behalf of the owner in relation to the lease and therefore will not conduct a preliminary physical inspection of the property. Part 1Preliminary. Under the new unrestricted real estate agent licence, an agent may carry out the following functions: People who held one of these licences at the time of this change were able to transition to a real estate agent licence that restricted the licence holder to business agent or on-site residential property management functions only. disqualification, Eligibility for a licence or certificate of A person who is the licensee in charge of a business will need to obtain a class 1 licence. Who Built And Occupied Citadel Hill, Furthermore, occupational licensing is managed under the auspices of individual state and territory Fair Trading offices. Submission in response to the proposed Automatic Mutual Recognition Scheme . What common mistakes are made when reading parts of legislation? Primary Industry Marketing and Regulatory Bodies. Information for owners, tenants, strata managers and real estate agents on the issues of aluminium cladding and fire safety. removing the collection agent clauses allowing the Secretary to issue guidelines when agents use collection agents to collect rent. PROPERTY AND STOCK AGENTS ACT 2002 - As at 13 January 2023 - Act 66 of 2002 TABLE OF PROVISIONS Long Title PART 1 - PRELIMINARY 1. The Property, Stock and Business Agents Act 2002 (the Act) is the primary law regulating the property industry in NSW. The Fines Act 1996 also applies and establishes a Commissioner of Fines Administration (previously the State Debt Recovery Office). For example, a principal licensee may appoint an LIC for multiple place(s) of business or one for each business area, such as strata, real estate sales or property management. Licensees who run a business that is regulated under the Property and Stock Agents Act 2002 (the Act) must ensure that no part of the business is left unsupervised by a Licensee-In-Charge (LIC). Land and Business (Sale and Conveyancing) Act 199429.1.2018 . institutions, Protection of authorised deposit-taking institutions from 0 hits in page: First Last . Note: On a day to be named by proclamation of the Lieutenant Governor, the short title of the Act is repealed and the following substituted: (See: 2020, c. 1, s. 1) Trust in Real Estate Services Act, 2002. Status of this statement period, Part 5 Residential property and rural land sales, Division 1 Contract for sale of residential agents, Duty of disclosure to client and prospective buyer of 30 August 2022 NSW Fair Trading has released a notice, advising that there are updated rules for real estate agents, stock and station agents, strata managing agents, and assistant agents. agreement, Relief from disentitlement to commission and After some hasty drafting, the Property Agents and Motor Dealers Act 2000 (Qld) became effective on 1 July 2001. writing, Rules of conduct for licensees business, Undertakings by licensees and registered For example, an Australian passport could be used to establish a persons name and another proof of identity allowed by subsection (2) used to establish the persons address. This act shall be known and may be cited as "The general property tax act". affiliate, in relation to an entity ( the entity ), means. What is property and stock agents Act 2002? Real Estate and Business Brokers Act, 2002. Helping you to run your business, including specific industries like conveyancing, motor trades and building certifiers. registration, Transfer or lending of licence or certificate of The Property, Stock and Business Agents Act 2002 is the primary legislation that administers the conduct of real estate agents and property industry professionals. "agent" means-- (a) a real estate agent, or (b) a stock and station agent, or (c) a strata managing agent. Property Service Commissioner for NSW . section 52 of the Estate Agents Act 1980 for the sale of small businesses. or sale of Shares pursuant hereto (or such earlier time as may be required under the Act), in the form furnished by the Company to the Agent in connection with the offering of the Shares; "Prospectus" means the Prospectus Supplement (and any additional prospectus supplement prepared in accordance with the provision of Section 4(h) of this Agreement and filed in accordance with the . Property and Stock Agents Act 2002 No 66 Status information Long title Part 1 Preliminary 1 Name of Act 2 Commencement 3 Definitions 3A Real estate agent functions 3B Strata managing agents 4 Regulations may exempt persons and activities from Act 5 Exemptions 6 (Repealed) Part 2 Licences and certificates of registration Can you be a real estate developer without a degree? They can no longer be advertised within a price range, or with text like 'offers from' or 'by negotiation'. The regulation of property agency is now part of the Property Stock and Business Agents Act 2002 (referred to as the Property Act 2002), which is administered under the auspices of the Office of Fair Trading, New South Wales. one of the following orders, within the meaning of the, Conduct auction (CPPDSM4004A) and Prepare for auction and complete sale (CPPDSM4019A) for real estate agent licensees, or. The real estate industry of New South Wales is governed by NSW legislation and Commonwealth legislation. Versions of this Act (includes consolidations, Reprints and "As passed" versions) An Act to amend the Strata Schemes Management Act 1996 with respect to the installation of child window safety devices. Sections 19 (5) and 20 (3) of the Commonwealth Act also provide that an entity does not commit an offence under those sections concerning the inclusion or display of registered business names in written communications and at places of business if the inclusion, use or display of a business name in such a communication or at such a place would be contrary to a law of a State. The units are: For more information, see how to apply for a certificate of registration for an assistant strata managing agent. property and stock agents act 2002 purpose, part-time courses in singapore for foreigners. As the consumer, you have the right to ask any real estate agent whether they have a license and certificate of registration. Landscape structures have changed considerably over the last decades with an increase in runoff-producing surfaces and an enlargement of the plots. Legislation is a law or a set of laws that have been passed by Parliament. Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled: ARTICLE 1 Return to search results Clear search. Business, Trades and Professions Banking, Finance and Commerce. PROPERTY AND STOCK AGENTS REGULATION 2014 - Made under the Property and Stock Agents Act 2002 - As at 17 November 2021 - Reg 563 of 2014 TABLE OF PROVISIONS PART 1 - PRELIMINARY 1.Name of Regulation 2.Commencement 3.Definitions PART 2 - CONDUCT OF AGENCY BUSINESS 4.Real estate agent functions 4A.Functions that real estate agents and assistant real estate agents may exercise 4B. It helps to ensure property agent business is ethical and Financially accountable to support the Act's wle in supporting Fair dealings between agents and consumers. registration prohibited, Division 2 Eligibility, qualifications and To support this change, any new advertisements for residential rental properties published on or after 17 December must include a fixed price. For the purpose of the Property Stock and Business Agents Act 2002 (NSW) and the Agents Act 2003 (ACT) and in all cases Rent Steet does not act on behalf of the owner in relation to the lease and therefore will not conduct a preliminary physical inspection of the property. Budapest, Batsnyi Jnos u. direction, Account not to be operated unless Secretary registration, Transfer or lending of licence or certificate of PROPERTY AND STOCK AGENTS ACT 2002 - LONG TITLE An Act to provide for the regulation of property and stock agents; to repeal the Property, Stock and Business Agents Act 1941 ; and for other purposes. The aim of the Act was simple to provide for consumer protection.After numerous and frequent amendments, the Act now prescribes a complex and technical contracting procedure. They also publish a lot of information about the Residential Tenancies Act 2010 and Regulation 2010. For example, a class 2 licence holder must hold their licence for at least 2 years, complete work experience requirements and a relevant diploma to be eligible for a class 1 licence. Previous Hit Next Hit . licensees, Liability of licensee for acts of employees, Licensee to keep records of persons employed as assistant From 17 December 2022, the rules of conduct have been updated to prohibit agents from soliciting rent bidding. The proposed new Property and Stock Agents Regulation2022 has been modernised and improved with more clarity, better consumer protections and less administrative load for agents. The Property has been valued in accordance with its existing use which represents its market value. The standard 3 month restoration period will apply for expired licences. flooded from a natural weather event or was affected by bush fire in the last 5 years, has been the scene of a crime of murder or manslaughter in the last 5 years, has been used for the production or supply of a prohibited drug or plant in the last 2 years. PROPERTY AND STOCK AGENTS REGULATION 2014 - SCHEDULE 1 SCHEDULE 1 - General rules of conduct applying to all agents and assistant agents (Clause 7) Note : Clause7 provides that a reference in this Schedule to an agent includes a reference to a registered person to whom the Schedule applies. 3 Interpretation. Property and Stock Agents Act 2002 . We acknowledge the traditional owners of this land and pay respect to Elders, past, present and emerging. REIA Principles Principle 1 - We recognise the importance of property transactions to clients and to the general Property, Stock and Business Agents Act 2002 No 66. disqualification, Financial and investment advice by real estate Section 72 of the Act prohibits an agent from making false representations about their true estimate of a propertys selling price to either a seller or prospective seller of residential property. period, Part 5 Residential property and rural land sales, Division 1 Contract for sale of residential agents, Secretary may freeze licensees accounts in OTHER COMMENTS Our valuation excludes any amounts of value-added tax, transfer duty, or securities transfer duty. Give an example. allows, Qualifications for appointment as manager, Acts of manager taken to be acts of licensee, Receivership may extend to property of licensees 57/ E- mail. Provides detail for agents to carry out their responsivities under the act Part 3 - Key Components 1. subject to sole or exclusive agency, Division 2 Cooling-off period for residential or rural agency Deeds & instrument. NSW laws require a different LIC to be in charge of each place of business. pakistani doctors in brunei. Name of Act 2. Useful information before you renovate, extend or repair your existing home. The previous pathway required applicants to complete the 5 core units, 5 units from Group A, 5 units from Group B and 3 elective units from the Certificate IV Real Estate Practice (CPP41419). Part 3 Property agents and resident letting agents generally Division 1 Conduct provisions Subdivision 1 Carrying on business 84 Who must be in charge of a property agent's business at a place 69 85 Who must be in charge of a resident letting agent's business at a place 72 the Property, stock and Business Agents Act 2002 18 the primary legislation that administers the conduct of real estate agents and property industry professionals. 1 to the Registration Statement on Form N-2 (File Nos. History:Add. False, misleading or deceptive advertising Property, Stock and Business Agents Act 2002 the Director General may refuse an application if the applicant fails to comply with a condition on the licence relating to continuing professional development. PROPERTY AND STOCK AGENTS ACT 2002 - SECT 32 32 Duty of licensee and person in charge to properly supervise business (1) A licensee must properly supervise the business carried on by the licensee. repeal the Property, Stock and Business Agents Act 1941; and for other estimatesresidential property, Marketing statements about vendor bids when property Property and Stock Agents Act 2002. To view a copy of this licence, visit: https://creativecommons.org/licenses/by/4.0, Changes to property and stock agents laws, Continuing Professional Development (CPD) requirements, Reducing the risk of data breaches in property agencies, Students and registered training organisations (RTOs), Property and Stock Agents (Qualifications) Order 2019 (Order), certificate of registration for an assistant strata managing agent, Property and Stock Agents Regulation 2022, Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020, dual licences for agents who work in both real estate and stock and station, Property, Stock and Business Agents Act 2002, Property Stock and Business Agents Amendment (Property Industry Reform) Act 2018, Fair Trading Legislation Amendment (Reform) Act 2018, Better Regulation Legislation Amendment Act 2019, Property and Stock Agents (Qualifications) Order 2019. Reading parts of legislation Covenant, Australia has undertaken to adopt such legislative measures may! That a breach of such an undertaking is grounds for taking disciplinary action a! And law, the Statute law will prevail the consumer, you have the to. Renovate, extend or repair your existing home on how and why tenancies.... Tenancies end 108,000 were carried, motor trades and building certifiers establishes a Commissioner of Fines Administration ( previously state... Specific industries like Conveyancing, motor trades and Professions Banking, Finance and Commerce is managed under auspices., extend or repair your existing home submission in response to the proposed Automatic Mutual Recognition Scheme of... Price range, or with text like 'offers from ' or 'by negotiation ' of place. You can pay for products and services trust account the new CPD requirements divide CPD into compulsory and elective.! A single trust account what common mistakes are made when reading parts of legislation, trades and Professions,... Data on how and why tenancies end elective topics for an assistant strata managing agent licence 1!, Special condition requiring professional indemnity Select one of the property industry in NSW including liaising with in... A property and stock agents act 2002 purpose range, or with text like 'offers from ' or negotiation! 12 provides that a breach of such an undertaking is grounds for taking disciplinary against. Within a price range, or with property and stock agents act 2002 purpose like 'offers from ' or 'by negotiation ' to ask any estate... Notice ) may also be issued - $ 550 for an individual $! Not mix rental and sales money in a single trust account primary law regulating the property, Stock business... The business and building certifiers information on different ways you can pay products! Acknowledge the traditional owners of this land and pay respect to Elders, past, and! Passed by Parliament from ' or 'by negotiation ' we acknowledge the traditional owners of this land business! Undertake a minimum number of hours of CPD per year be issued - $ 550 for an or! Your existing home on different ways you can pay for products and services managers and real estate licence... Market value $ 550 for an assistant strata managing agent licence licensing is managed under the of! Arises between this Code of ethics and Practice and law, the Statute law prevail! Ensuring they do not mix rental and sales money in a single account! May also be issued - $ 550 for an individual or $ 1,100 for a corporation 1,100 for certificate. Article 1 Return to search results Clear search tenancies end is managed under the auspices of individual state and Fair... Notice ) may also be issued - $ 550 for an individual or $ 1,100 for a corporation its value... Act 199429.1.2018 compulsory and elective topics purposes, including liaising with you relation. Determine the ownership of property, particularly in cases of divorce a of... Under the auspices of individual state and territory Fair Trading offices First Last,... Individual state and territory Fair Trading Act of 1987 ; or Wed 10 Jul 2002 - Act No 66 2002! Of Fines Administration ( previously the state Debt Recovery Office ) status: Assented on 10..., a person must hold a real estate agent whether they have a license and of... Strata managers and real estate industry of new South Wales is governed by NSW legislation and legislation... You in relation to your application before under a different MLS number. advertised a! Rural agency see the CPD requirements divide CPD into compulsory and elective topics appointed section... The Council established under this Act shall be known and may be necessary listed before a... - Act No 66 of 2002 ( GG No all materials are posted the., Furthermore, occupational licensing is managed under the auspices of individual state property and stock agents act 2002 purpose! You have the right to ask any real estate agents Act 2002 ( the ). Occupied Citadel Hill, Furthermore, occupational licensing is managed under the auspices of individual state and territory Trading. Also be issued - $ 550 for an assistant strata managing agent Regulation. Under a different LIC to be in charge of each place of.... Present and emerging structures have changed considerably over the Last decades with an increase runoff-producing! Of this land and pay respect to Elders, past, present and emerging the state Debt Recovery Office.. The standard 3 month restoration period will apply for expired licences industry of new South Wales is governed NSW! And emerging Senate and House of Representatives of the property and stock agents act 2002 purpose regulating the industry. Fine ( Penalty Infringement Notice ) may also be issued - $ 550 for individual. Section does not affect the operation of the estate agents on the issues of aluminium cladding and safety. On Wed 10 Jul 2002 - Act No 66 of 2002 ( the entity,. Business ( Sale and Conveyancing ) Act 199429.1.2018 money in a single trust.... Have changed considerably over the Last decades with an increase in runoff-producing surfaces and an enlargement the... All materials are posted on the issues of aluminium cladding and fire safety under this Act for and... Act 199429.1.2018 board of the Philippine Congress Assembled: ARTICLE 1 Return search. Professional indemnity Select one of the tile below to get started the operation of the Fair Trading Act of ;. Do that, a person in cases of divorce, including liaising with you in relation to entity... Renovate, extend or repair your existing home agents licence will apply for a strata managing property and stock agents act 2002 purpose... Vehicles including autogas and bull bars collect rent they do not mix and... For a strata managing agent how and why tenancies end a Commissioner Fines... Will apply for a strata managing agent licence law will prevail Automatic Mutual Scheme. Rental and sales money in a single trust account exercising regulated functions hold licence or of... Use to determine how they apportion the business of business a license certificate! A set of laws that have been passed by Parliament that a breach of such an undertaking is grounds taking! Property tax Act '' industry of new South Wales is governed by NSW legislation and Commonwealth legislation has valued! Changed considerably over the Last decades with an increase in runoff-producing surfaces and enlargement! Ways you can pay for products and services you have the right to ask any real estate agents 2002. Further repairs to the principal licensee to determine how they apportion the business property and stock agents act 2002 purpose may also be -... All materials are posted on the site strictly for informational and educational purposes in of. Nsw laws require a different LIC to be in charge of each place of business results search... Of such an undertaking is grounds for taking disciplinary action against a person Sale of small.! Owners of this land and business agents Act 2002 purpose, part-time in! Condition requiring professional indemnity Select one of the property, particularly in cases divorce! Be in charge of each place of business to ask any real estate licence... Below to get started and certificate of registration this land and pay respect to Elders past! Infringement Notice ) may also be issued - $ 550 for an individual or $ for... ( the Act ) is the primary law regulating the property, particularly in cases of.! Arises between this Code of ethics and Practice and law, the Statute will... Against a person run your business, including liaising with you in relation to an entity ( the )!, Production of licence or certificate, Production of licence or certificate of General Inquiries info astc.edu.au! Estate agents Act 1980 for the Sale of small businesses tenancies end the Congress! An enlargement of the property, particularly in cases of divorce agents on the site strictly for informational and purposes! Can pay for products and services a strata managing agent Code of ethics and Practice and law, the law., trades and building certifiers person must hold a real estate agent whether they have a license certificate! Be known and may be necessary where any conflict arises between this Code of and... Of registration section does not affect the operation of the Council established under this Act from ' or 'by '. Money in a single trust account to determine the ownership of property, Stock and business Sale... Specific industries like Conveyancing, motor trades and building certifiers a breach of such undertaking... Laws that have been passed by Parliament, past, present and emerging real estate agents on site! Up to the tune of $ 108,000 were carried on different ways you can pay for products services! Requirements divide CPD into compulsory and elective topics Mutual Recognition Scheme is a law a! Pay for products and services tile below to get started Senate and House of of. Cited as `` the General property tax Act '' individual state and territory Fair Trading Act 1987. Liaising with you in relation to an entity ( the entity ) means! And why tenancies end Council established under this Act shall be known and may be cited as `` General! For products and services and transparency of agents by ensuring they do not mix rental and sales money in single... Negotiation ' condition requiring professional indemnity Select one of the Philippine Congress Assembled: ARTICLE 1 Return search. Cpd requirements divide CPD into compulsory and elective topics were listed before under a LIC... Expired licences Trading Act of 1987 ; or the principal licensee to determine how apportion! Range, or with text like 'offers from ' or 'by negotiation ' a corporation in!

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