(1) This section applies if a person (the secondary representative ) is authorised as a credit representative of a licensee by a credit representative that is a body corporate (the primary representative ).
(2) For the purposes of this Part, the secondary representative
is taken to be acting within the scope of the secondary representative's
actual or apparent authority from the licensee if the secondary representative
is acting within the actual or apparent scope of the authority given by the
primary representative to engage in specified credit activities on behalf of
the licensee.