Australia, July 30 -- New South Wales Land and Environment Court issued text of the following judgement on June 30:
1. PSMG Pty Limited and Mr Whitney Hong Wang ("the Applicants" and "PSMG" and "Mr Wang" respectively), held licences under the Property and Stock Agents Act 2002 (NSW) ("the PSA Act") to manage strata properties. On 24 July 2024, the Commissioner for Fair Trading ("the Respondent") decided to cancel the licences held by the Applicants, to reprimand them and to disqualify each of the Applicants from holding equivalent licences for ten years.
2. On 25 July 2024, the Applicants applied in this Tribunal for review of the decisions. The Applicants also applied for an interim order seeking a stay of the decisions. A stay order was...