New South Wales Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

PROPERTY AND STOCK AGENTS ACT 2002 - SECT 11

Assistant agents must be employed and supervised by licensee

11 Assistant agents must be employed and supervised by licensee

(1) The holder of a certificate of registration must not act as or exercise any of the functions of an assistant agent unless the person does so as an employee of the holder of a licence under this Act.
(2) The holder of a certificate of registration must not exercise any of the functions of an assistant agent unless he or she does so under the supervision of a person who--
(a) is the licensee in charge of the place of business at which the employee is employed, and
(b) is the holder of a class 1 licence that allows the licensee to exercise that function without contravening this Act.
Note : See Division 2 of Part 3 for requirements for a place at which a business is carried on under a licence to be in the charge of a licensee and for staff to be properly supervised.
(3) The holder of a certificate of registration must not act as an auctioneer, except as permitted by subsection (4).
(3A) A person carrying on business as an auctioneer must ensure that the holder of a certificate of registration does not act for or on behalf of the person as an auctioneer, except as permitted by subsection (4).
(4) The holder of a certificate of registration as an assistant stock and station agent may auction livestock if the holder conducts the auction--
(a) as an employee of the holder of a stock and station agent's licence, and
(b) under the immediate and direct supervision of the holder of a licence that allows the licensee to auction livestock (whether or not that licensee is the licensee in charge of the place of business at which the employee is employed or is the employer of the employee).
: Maximum penalty--50 penalty units.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback