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PROPERTY OCCUPATIONS ACT 2014 - SECT 98
Employment of persons in real estate business
98 Employment of persons in real estate business
(1) A real estate agent must not employ, as a real estate salesperson, a
person the agent knows, or ought to know, does not hold a registration
certificate. Penalty— Maximum penalty—200 penalty units.
(2) A
real estate agent must not directly engage an independent contractor as a real
estate salesperson unless the independent contractor holds a property agent
licence. Penalty— Maximum penalty—200 penalty units.
(3) A
principal licensee who is an individual and carries on the business of a
real estate agent must not employ, as a real estate salesperson for the
business, himself or herself or another individual with whom the principal
licensee carries on business as a real estate agent. Penalty— Maximum
penalty—200 penalty units.
(4) A principal licensee that is a corporation
and carries on business as a real estate agent must not employ an executive
officer of the corporation as a real estate salesperson for the business.
Penalty— Maximum penalty— (a) for an individual guilty under the
Criminal Code , chapter 2 of an offence—200 penalty units; or
(b) for a
corporation—1,000 penalty units.
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