Project No. 37

In 1972 the Committee was asked to review the Land Agents Act 1921 (WA) and report on amendments required to effectively exercise control over land transactions and whether provisions of the Act should be extended to cover other sales by agents or developers. In particular, the Committee was asked to consider: (a) the system of licensing; (b) the need for provision for renewal of licenses which have lapsed through unforeseen circumstances; (c) the need for further control over agents, as in New South Wales; (d) the need to restrain agents from arranging sales which may be impossible to complete, as where such a sale is induced by the agent’s misrepresentation as to the availability of finance; (e) the need for improved auditing requirements; (f) the need for control over salespeople employed by developers; and (g) the need for control over the activities of land settlement agencies.