New South Wales Consolidated Acts

PROPERTY AND STOCK AGENTS ACT 2002 - SECT 28

28 Registered office and address

(1) A licensee must have a registered office within New South Wales.

(2) A licensee who carries on the business of an agent pursuant to a licence or other authorisation under the laws of another State at an office (
"the interstate office" ) that is within 50 kilometres of New South Wales may have the licensee's registered office at the interstate office (even though it is not in New South Wales). The powers of an authorised officer under this Act may be exercised at the interstate office.

(3) The address specified in an application for a licence as the address at which the applicant proposes to carry on business (or, in the case of a licensee carrying on business at more than one place, the address specified in the application as the licensee's principal place of business) is taken to be the registered office of the licensee.

(4) Notice of any change in the location of the registered office must be lodged by the licensee with the Secretary within the time prescribed by the regulations.

: Maximum penalty--50 penalty units.