CPD compliance - real estate
You need to obtain and retain records of your attendance at mandatory and elective CPD activities. For CPD activities that attract one CPD point per hour, you need to obtain a statement of attainment, a record of completion or a certificate of attendance. For CPD activities that attract a half point per hour, records of attendance are needed. Some examples are: receipts for seminars or notes on approved videos/DVDs or multimedia programs. You may also like to maintain a CPD Training Log listing details of each CPD activity you complete.
How does Consumer Protection check that I have completed my ten CPD points for each CPD cycle?
Compliance with the CPD program is checked after the end of each calendar year.
How long do I need to retain my records as proof that I have completed CPD activities?
You need to retain your CPD records, along with any supporting documents, for a period of four years.
What happens if I don't accrue 10 CPD points for each calendar year?
If you do not complete your 10 CPD points per calendar year, Consumer Protection will consider this to be non-compliance with the Real Estate and Business Agent’s Act 1978 and you may be issued with an infringement notice, prosecuted or proceedings commenced in the State Administrative Tribunal to suspend or cancel your licence or certificate.
Non-compliance with the CPD requirements of the Real Estate and Business Agent’s Act 1978 will also affect the renewal of your triennial certificate or certificate of registration. Non-compliance with the CPD requirements raises the risk that the Commissioner for Consumer Protection will refuse the renewal of your triennial certificate or certificate of registration .
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