Fair Trading imposes a monetary penalty and a licence condition on an agent after a disciplinary process. The agent thinks the decision is wrong. What is the review pathway?
Correct Answer
B) Seek internal review first, then apply to NCAT if still dissatisfied.
Fair Trading's disciplinary guidance says a person given a disciplinary decision may request an internal review, and may apply to the NSW Civil and Administrative Tribunal if not satisfied with the internal review decision.
Why This Is the Correct Answer
The published pathway is internal review, then NCAT.
Why the Other Options Are Wrong
Background Knowledge for Ethics Compliance
Exam Tip for Ethics Compliance
Common Mistakes to Avoid on Ethics Compliance Questions
More Ethics Compliance Questions
NSW Fair Trading serves a notice to show cause on an agent over alleged breaches of the rules of conduct. How long must the notice give the agent to respond?
NSW Fair Trading suspects an agent's recorded estimated selling prices are unrealistically low. Since 29 June 2026, which step can it take about those estimates?
A NSW agent's marketing emails recommend a mortgage broker as 'independent', but the broker pays the agent a fee for each referral. What do the rules of conduct require?
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- β An agent hands a buyer the agencyβs expression of interest statement form to sign before accepting her deposit. When must the agent give the buyer a copy of the signed statement?
- β An assistant agent's sister wants to buy a house that the assistant's employing agency has been retained to sell. How does s 49 of the Property and Stock Agents Act 2002 apply?
- β As at October 2026, what is the maximum court penalty for a corporation convicted of dummy bidding at a NSW residential auction?
- β As at October 2026, an individual NSW agent holds client deposits in her personal account instead of the trust account. What maximum court penalty applies to her for mishandling trust money?
- β As at October 2026, what new maximum court penalty applies to a NSW agent or assistant agent who does not meet the continuing professional development requirements?
- β In New South Wales, what must an agent give a client before the client signs an agency agreement for the sale of residential property?
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At an open home an agent tells a buyer that an apartment 'is a great investment that will suit you'. The agent will receive a bonus from the developer on sale. What must the agent give the buyer under the Regulation?
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NSW Fair Trading issues a licensed agent with a show cause notice about possible disciplinary action. How long must the notice give the agent to respond?
