Legislation changes - affecting settlement agents: Settlement agents bulletin Issue 71 (June 2017)

Scheduled system outage

AssociationsOnline, BondsOnline and Licence renewals will be unavailable from 5pm on Friday, 23 February until 8am on Monday, 26 February to allow for scheduled system improvements. We apologise for any inconvenience this may cause.

This publication is for: 
Property industry

30 June 2017

Changes which affect settlement agents

The Licensing Provisions Amendment Act 2016 will take effect on 1 July 2017. It amends a number of industry Acts in Western Australia, including the Settlement Agents Act 1981 (Act).

The amendments to the Act will:

  • remove the requirement for an applicant under the Act to verify the content of an application by way of a statutory declaration; and
  • insert a new offence provision for a person who gives false or misleading information on a licensing application or renewal. Contravention can result in a fine of up to $20,000.

The amended Act will be available from the State Law Publisher’s website after the amendments go live.

Consumer Protection
Bulletin
Last updated 04 Jul 2017

Share this page:

Last modified: