Unit of competency Outline

Date retreived
23/07/2026 5:11 AM AWST

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Manage compliance in the property industry

Manage compliance in the property industry

Unit of competency
National Code
CPPREP5001
State Code
OAQ43
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
21/03/2019
View on TGA
State Implementation and Classification
Approved Date
03/06/2020
Field of Education
080301 - Business Management
Original Release Date
03/06/2020
Nominal Hours
45
Description
This unit specifies the skills and knowledge required to analyse, develop, implement, manage and evaluate compliance in the property industry.The unit applies to industry professionals in property. State or territory licensing requirements may apply to this unit.
Notes
Elements and Performance Criteria
1. Determine compliance management requirements.
  • 1.1 Identify all jurisdictional legislation, regulations, codes of conduct and ethics to which the agency must comply.
  • 1.2 Analyse and document the requirements for the agency to meet compliance needs.
  • 1.3 Conduct risk analysis for compliance and best practice to determine risk ratings and risk mitigation.
  • 1.4 Determine and plan risk mitigation strategies through development of policies, procedures, work instructions, management and supervisory structures.
2. Develop and risk control strategies that manage compliance.
  • 2.1 Develop strategies and associated policies, procedures and structures to support agency compliance.
  • 2.2 Develop processes and controls to maintain records that demonstrate compliance and best practice.
  • 2.3 Develop management structure and risk control strategies for monitoring and reviewing all compliance and best practice activities.
3. Manage compliance systems.
  • 3.1 Clearly communicate to staff the best practice requirements for the agency.
  • 3.2 Facilitate continuous monitoring, reviewing and adjustment of agency compliance practices.
  • 3.3 Prepare periodic compliance reports to present a clear overview of compliance and agency best practice.
4. Evaluate compliance systems.
  • 4.1 Analyse and review periodic compliance reports to evaluate agency overall compliance and best practice.
  • 4.2 Use evaluation data to determine, document and implement improvements to improve compliance systems.
No information
No information
Replaces
State Code National Code Title Type
AXG87 CPPDSM5009 Coordinate risk management systems in the property industry Unit of competency
State Code National Code Title Type
BEI0 CPP51119 Diploma of Property (Agency Management) Qualification
BHQ9 CPP51122 Diploma of Property (Agency Management) Qualification