137 Meaning of licensee and person related to licensee in sections 134 to 136
  • (1) In sections 134 to 136, licensee includes, in the case of an agent that is a company, every officer and shareholder of the company.

    (2) For the purposes of sections 134 to 136, a person is related to a licensee if the person is—

    • (a) a partner of the licensee under a partnership agreement:

    • (b) an employee of the licensee:

    • (c) a branch manager or salesperson engaged by the licensee:

    • (d) the licensee’s spouse or civil union partner:

    • (e) the licensee’s de facto partner:

    • (f) a child, grandchild, brother, sister, nephew, or niece of the licensee or of any person referred to in paragraphs (d) or (e):

    • (g) any other child who is being, or is to be, cared for on a continuous basis by the licensee or any person referred to in paragraph (d) or (e):

    • (h) a grandparent, parent, uncle, or aunt of the licensee or of any person referred to in paragraph (d) or (e):

    • (i) an entity that has an interest in the licensee or an entity (not being an entity listed on the New Zealand Stock Exchange) in which the licensee has an interest.

    Section 137(2)(h): replaced, on 12 December 2012, by section 7 of the Real Estate Agents Amendment Act 2012 (2012 No 112).