Summit v REAA & Lewis [2011] NZREADT 38 [pdf, 108 KB]
...management fees by $30,000, the claimed commission amount ...” [8] By further decision of 1 June 2011 the Authority imposed the said penalties and, inter alia, stated as follows: “The Committee accepts that some weight should be given to the newness of the Act at the time the property management agreement was signed and the fact that the complaint has had media attention, which has not been positive for the Licensee. However, the Licensee did have an opportunity to re-think it...