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PROPERTY OCCUPATIONS ACT 2014 - SECT 129
Registration certificate—conditions
129 Registration certificate—conditions
(1) The chief executive may decide to issue a registration certificate on the
conditions the chief executive considers necessary or desirable— (a) for the
proper performance of the activities authorised by the certificate; or
(b)
for another purpose consistent with the achievement of the objects of this Act
or the Administration Act .
Example— If the chief executive decides to
issue a registration certificate to a person who is or has been an insolvent
under administration, the chief executive may issue the certificate subject to
a condition that the person not receive, bank or otherwise be responsible for
dealing with trust account moneys.
(2) A condition may limit or prohibit
the performance of an activity authorised under this Act or the Administration
Act .
(3) If the chief executive decides to issue the certificate on
conditions, the chief executive must give the applicant an information notice
about the decision within 14 days after making the decision.
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