New South Wales Consolidated Acts

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PROPERTY AND STOCK AGENTS ACT 2002 - SECT 11A

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

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.



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