(1) A regulation may include a code of conduct for private employment agents (the code of conduct).
(2) The code of conduct may--
(a) set conduct standards for private employment agents; and
(b) establish principles for fair trading; and
(c) provide for a system of complaint resolution; and
(d) state the type of work arrangements and commercial operations covered by the code; and
(e) set recommended standards of competence and training for private employment agents; and
(f) provide for disciplining private employment agents who contravene the code; and
(g) state the records that private employment agents must keep; and
(h) provide for a penalty for a contravention of the code of not more than 14 penalty units.