New Zealand Legislation: Bills

16 Authority’s functions

• (1) The functions of the Authority are to—

  • (a) administer the licensing regime for agents, branch managers, and salespeople, including the granting and renewal of licence applications; and

  • (ab) appoint a Registrar of the register of licensees; and

  • (b) establish, keep, and maintain the register and carry out any other functions in relation to the register; andensure that the register of licensees is established, kept, and maintained; and

  • (c) develop practice rules for the Minister’s approval and maintain these rules for licensees, including ethical responsibilities; and

  • (d) set fees and levies; and

  • (e) develop consumer information on matters relating to real estate transactions, including approved guides on agency agreements and sale and purchase agreements; and

  • (f) develop and provide consumer information on matters relating to the provision of real estate services, including providing the public with information on how to make a complaint; and

  • (g) set professional standards for agents; and

  • (h) investigate and initiate proceedings in relation to offences under this Act and any other enactment; and

  • (ha) investigate of its own motion any act, omission, allegation, practice, or other matter which indicates or appears to indicate unsatisfactory conduct or misconduct on the part of a licensee; and

  • (i) provide procedures for the lodging of complaints; and

  • (j) receive complaints relating to the conduct of licensees; and

  • (k) carry out any other function that the Minister may direct the Authority to perform in accordance with section 112 of the Crown Entities Act 2004; and

  • (l) carry out any other functions that may be conferred on the Authority by this Act or any other enactment.

  (2) The Authority may, where it considers it appropriate to do so, consult with representatives of the real estate industry about any matter that relates to the functions of the Authority.

  (3) For the avoidance of doubt, nothing in subsection (1) affects the role of an industry training organisation for the time being recognised under the Industry Training Act 1992 as an industry training organisation for the real estate industry.