Estate Agency Affairs Act, 1976 (Act No. 112 of 1976)

Chapter II : Estate Agents Fidelity Fund

Purchase

1)	No claimant having a claim against the board under this Chapter shall have -

a)	by virtue of any contract entered into in terms of section 23 by the board with an insurer, any right of action against such insurer;

b)	any right or claim in respect of any money paid or payable to the board by such insurer in accordance with such contract, but such money shall be paid into the fund and applied by the board in accordance with the provisions of this Chapter to settle any relevant claim.