❓ A parliamentary question probes the role, funding, and potential conflict of interest of the Real Estate Industry Business Unit (later renamed the real estate branch) within the Ministry of Fair Trading, specifically regarding its relationship with regulatory boards.
AnsweredQoN 226Legislative Council
QuestionView source ↗
(1) What is the role of the Real Estate Industry Business Unit? (2) Will the Leader of the House representing the Minister for Fair Trading table the current funding and service agreement arrangements; and, if not, why not? (3) Is the real Estate Industry Business Unit part of the ministry’s quarterly reporting scheme; and, if not, why not? (4) Can the minister confirm that the Real Estate Industry Business Unit is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board? (5) If yes, does the minister agree that his ministry has a conflict of interest given its regulatory role in respect of the real estate industry and settlement agencies; and, if not, why not? Hon N.F. MOORE
AnswerView source ↗
I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(2) Will the Leader of the House representing the Minister for Fair Trading table the current funding and service agreement arrangements; and, if not, why not? (3) Is the real Estate Industry Business Unit part of the ministry’s quarterly reporting scheme; and, if not, why not? (4) Can the minister confirm that the Real Estate Industry Business Unit is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board? (5) If yes, does the minister agree that his ministry has a conflict of interest given its regulatory role in respect of the real estate industry and settlement agencies; and, if not, why not? Hon N.F. MOORE replied: I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(3) Is the real Estate Industry Business Unit part of the ministry’s quarterly reporting scheme; and, if not, why not? (4) Can the minister confirm that the Real Estate Industry Business Unit is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board? (5) If yes, does the minister agree that his ministry has a conflict of interest given its regulatory role in respect of the real estate industry and settlement agencies; and, if not, why not? Hon N.F. MOORE replied: I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(4) Can the minister confirm that the Real Estate Industry Business Unit is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board? (5) If yes, does the minister agree that his ministry has a conflict of interest given its regulatory role in respect of the real estate industry and settlement agencies; and, if not, why not? Hon N.F. MOORE replied: I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(5) If yes, does the minister agree that his ministry has a conflict of interest given its regulatory role in respect of the real estate industry and settlement agencies; and, if not, why not? Hon N.F. MOORE replied: I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
Hon N.F. MOORE replied: I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(2) Will the Leader of the House representing the Minister for Fair Trading table the current funding and service agreement arrangements; and, if not, why not? (3) Is the real Estate Industry Business Unit part of the ministry’s quarterly reporting scheme; and, if not, why not? (4) Can the minister confirm that the Real Estate Industry Business Unit is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board? (5) If yes, does the minister agree that his ministry has a conflict of interest given its regulatory role in respect of the real estate industry and settlement agencies; and, if not, why not? Hon N.F. MOORE replied: I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(3) Is the real Estate Industry Business Unit part of the ministry’s quarterly reporting scheme; and, if not, why not? (4) Can the minister confirm that the Real Estate Industry Business Unit is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board? (5) If yes, does the minister agree that his ministry has a conflict of interest given its regulatory role in respect of the real estate industry and settlement agencies; and, if not, why not? Hon N.F. MOORE replied: I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(4) Can the minister confirm that the Real Estate Industry Business Unit is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board? (5) If yes, does the minister agree that his ministry has a conflict of interest given its regulatory role in respect of the real estate industry and settlement agencies; and, if not, why not? Hon N.F. MOORE replied: I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(5) If yes, does the minister agree that his ministry has a conflict of interest given its regulatory role in respect of the real estate industry and settlement agencies; and, if not, why not? Hon N.F. MOORE replied: I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
Hon N.F. MOORE replied: I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
I thank the member for some notice of this question. (1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(1) Following the 1999 restructure of the Ministry of Fair Trading, the Real Estate Business Industry Unit was renamed the real estate branch. The real estate branch provides licensing, compliance, education, policy and advisory services for the Real Estate and Business Agents Supervisory Board and Settlements Agents Supervisory Board. Under the terms of the service delivery agreements with both boards, conciliation services are also provided on behalf of the Real Estate Board. The real estate branch also provides licensing and board support services to the Land Valuers Licensing Board from the ministry’s budget. (2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(2) The service delivery agreement and costing for both boards for the past financial year will be tabled at the end of question time. The final costing for the service delivery agreements for the period 1 July 2000 to 30 June 2001 are still being negotiated. I will also table interim service specification requirements of the new service delivery agreements. (3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(3) The real estate branch is part of the ministry’s quarterly reporting system. (4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(4) The real estate branch is externally funded by the Real Estate and Business Agents Supervisory Board and the Settlement Agents Supervisory Board. (5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
(5) No. The boards are the respective regulatory authorities under the Real Estate and Business Agents Act and the Settlement Agents Act. The Acts authorise the boards to either employ their own staff or enter into arrangements for the delivery of services. The service delivery agreements between the ministry and the board specify the services to be provided and the performance standards which apply to the delivery of those services and the costing for those services. The ministry and the boards have the same primary objectives and work in partnership to protect the interests of consumers and regulate the conduct of real estate agents and settlement agents.
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