Date: 21 October 2020
Time: 1:00 PM - 2:00 PM
Registration Close: 20 October 2020 at 12:00 PM
Venue: Zoom Webinar link will be provided at close of registration

CPD Category: Compulsory
Licence Class: Class 1 & Class 2
CPD Learning Area: Rules of Conduct
CPD Allocation: 1 Hour

Topic Overview:
This topic provides an overview of the changes to the Rules of Conduct that commenced in March 2020 under the Property, Stock and Business Agents Amendment (Property Industry Reform) Act 2018 and Property, Stock and Business Agents Amendment Regulation 2019. On completion of this topic a person will be able to demonstrate competency of the prescribed learning outcomes detailed below.
Overview of main reforms
1.1 Demonstrate an understanding of the requirements of the Rules of Conduct.
1.2 Identify the key changes to the rules of conduct as part of the reforms, including but not limited to:
a) requirement for agents to pay rental income monthly,
b) rules for the management of trust money, including the requirement to establish separate accounts for rental money and sales money,
c) limitations on gifts and benefits that can be received by licence and certificate holders.
Rules applicable to individual participant
2.1 Identify the rules of conduct applicable to the individual participant’s licence class and type including but not limited to:
a) new application of rules to business broking transactions,
b) requirements of assistant real estate agents and real estate agents when exercising the functions of a business or buyer’s agent or an onsite property manager
c) requirement to report suspected theft of livestock.

Learning Outcomes:
Understanding the changes to the rules of conduct introduced as part of the 2020 reforms, and which rules of conduct will apply to each licence class and type, and how they impact the individual participant.

Presented by:

• David Bannerman, Bannermans Lawyers
• Michael Gilday, Strata Plus

Sponsored by: Strata Unit Underwriters

Education Terms and Conditions can be found in our Education Handbook.