3   Definitions

In this Regulation:

bank includes authorised deposit-taking institution.

buyers agent means a real estate agent whose licence is subject to a condition that restricts the holder to acting as a real estate agent for a prospective purchaser of land.

the Act means the Property, Stock and Business Agents Act 2002.

trust money has the same meaning as in Part 7 of the Act.

visible form means any record of information by means of which the information can be produced on demand in permanent legible form in the English language.