The compensation fund company may begin or keep an action in respect of the rights referred to in subsection in its personal name or in the name of the individual claiming the compensable loss. A licensee must not provide actual estate companies at any time that the licensee’s licence is inoperative or suspended. Is not entitled to and should not accept remuneration in relation to actual property providers from any person other than the brokerage in relation to which they’re licensed.
The basis board of governors is liable for administering the inspiration. Subject to subsection , the Business Corporations Act does not apply to the inspiration. If the individual makes a declare for compensation underneath Division 1, part 70 isn’t more doubtless to apply in respect of the declare. The superintendent might, at any point during a hearing beneath subsection , decline to make the willpower or assessment, or each, …
