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Chris The Lawyer
Chris The Lawyer, Lawyer
Category: New Zealand Law
Satisfied Customers: 22322
Experience:  37 years qualified as a lawyer; LLB, MMgt and FAMINZ.
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I saw a reference in the Press recently which mentioned an

Customer Question

I saw a reference in the Press recently which mentioned an Act of Parliament making it illegal for a Broker to arrange the sale of goods or service to a client on behalf of a third party unless the Broker discloses to the Client any commission, discount or other form of monetary payment being made to him by the third party. Are you able to confirm that this is correct and are you aware whether a similar Law applies in Australia,
Pat.
Submitted: 1 year ago.
Category: New Zealand Law
Expert:  Chris The Lawyer replied 1 year ago.
This is called the Secret Commisions Act. I dont know if this applies in Australia, but the Fair Trading legislation which is similar to New Zealand would likely cover this.
Expert:  Chris The Lawyer replied 1 year ago.
http://www.legislation.govt.nz/act/public/1910/0040/latest/DLM177643.html?src=qs
Expert:  Chris The Lawyer replied 1 year ago.
It is an old act dated 1910, but still important to remember.

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