Queensland Consolidated Acts

PROPERTY OCCUPATIONS ACT 2014 - SECT 137

137 Offence to sell, lend or borrow registration certificate

(1) A real estate salesperson must not—

(a) sell, lend or hire out the salesperson’s registration certificate to someone else; or

(b) notify or advertise that a registration certificate is available for sale, loan or hire to someone else, whether registered or not; or

(c) permit or allow someone else to hold out that the person is the holder of the registration certificate issued to the salesperson.

Penalty—

Maximum penalty—200 penalty units or 2 years imprisonment.

(2) A person must not buy, borrow or hire a registration certificate.

Penalty—

Maximum penalty—200 penalty units or 2 years imprisonment.