Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 925F

Non-licensee not entitled to recover commission

             (1)  Without limiting the generality of section 925E, this section:

                     (a)  applies while the client is entitled to give a notice under section 925A; and

                     (b)  applies after the client so gives a notice, even if the notice does not result under section 925B in rescission of the agreement;

but does not otherwise apply.

             (2)  The non-licensee is not entitled to recover by any means (including, for example, set-off or a claim on a quantum meruit ) any brokerage, commission or other fee for which the client would, but for this section, have been liable to the non-licensee under or in connection with the agreement.



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