Australian Capital Territory Numbered Regulations

AGENTS AMENDMENT REGULATION 2008 (NO 1) (NO 32 OF 2008) - REG 4

substitute

    (1)     A person has the qualifications for a real estate agents licence, stock and station agents licence and business agents licence if the person has been issued with a statement of attainment, or qualification, issued by a registered training organisation certifying that the person has competency in—

        (a)     each of the units of the Property Development and Management Training Package (PRD01), approved by ANTA, mentioned in schedule 1 as in force immediately before the commencement of the Agents Amendment Regulation 2008 (No 1) ; or

        (b)     the units of the approved Property Services Training Package (CPP07) required to be completed under subsection (1A).

Note     Approved —see the dictionary.

    (1A)     For subsection (1) (b), the units required to be completed are—

        (a)     the units mentioned in schedule 1, part 1.1 (Core units); and

        (b)     at least 4 of the units mentioned in schedule 1, part 1.2 (Common units); and

        (c)     at least 8 of the units mentioned in schedule 1, part 1.3 (Elective units).

    (2)     Also, a person has the qualifications for a real estate agents licence if, immediately before the repeal of the repealed Act, the person was eligible for the grant of a real estate agent's licence under that Act.

    (3)     A person has the qualifications for a real estate agents licence to only sell land by auction if the person has a statement of attainment, or qualification, issued by a registered training organisation certifying that the person has competency in—

        (a)     the unit of competency PRDRE26A (Conduct property sale by auction) in the training package mentioned in subsection (1) (a); or

        (b)     the unit of competency CPPDSM4004A (Conduct auction) in the training package mentioned in subsection (1) (b).