McLachlan v CAC 10048 & Hegan [2012] NZREADT 39 [pdf, 51 KB]
...Licensees, who have a monopoly to sell real estate, can be expected to have a good knowledge of the principles of instrumentality of sale. Laypeople are unlikely to have such a knowledge. That puts them at a decided disadvantage. This is consumer protection legislation, which is designed to provide clients and customers with a degree of protection in such circumstances.” [15] While this case can be distinguished on the facts, these general statements of that Committee are correct...