New South Wales Consolidated Acts

PROPERTY AND STOCK AGENTS ACT 2002 - SECT 11A

11A Person carrying on business of agent to ensure staff exercising regulated functions hold licence or certificate

A person carrying on the business of an agent must not make use of the services of another person (a
"service provider" ) to exercise any regulated functions in the course of the business unless--

(a) the person is the holder of a licence that authorises the regulated functions concerned to be exercised by the person, and

(b) the service provider is the holder of a licence or a certificate of registration that authorises the service provider to exercise the regulated functions concerned, and

(c) in the case of a service provider required to hold a certificate of registration to exercise the regulated functions concerned--the service provider is an employee of the person.

: Maximum penalty--100 penalty units.