(1) A property agent, or resident letting agent, who is a principal licensee must notify the chief executive in the approved form of—
(a) any change in the agent's principal place of business within 14 days after the change; and
(b) the closure of any place where the agent carries on business within 14 days after the closure; and
(c) the opening of any place where the agent carries on business within 14 days after the opening.
Maximum penalty—200 penalty units.
(2) A property agent, or resident letting agent, who is an employed licensee must notify the chief executive in the approved form of any change in the agent's business address within 14 days after the change.
Maximum penalty—200 penalty units.