What is the role of the Office of Fair Trading in relation to real estate legislation in NSW?

Performs functions as required in the Property and Stock Agents Act Applications for objecting and/or granting licence applications Complaints \& disciplinary procedures Application and administration of penalties (currently 1 penalty unit =$110 ) Appeals against disciplinary procedures Offer advice to both agents and the consumer Administer the property services compensation fund Review statements of commissions claims Complaints \& disciplinary procedures Application and administration of penalties (currently 1 penalty unit =$110 ) Appeals against disciplinary procedures Offer advice to both agents and the consumer Administer the property services compensation fund Review statements of commissions claims All of the above