139
In forceReturn of registration certificate for amendment of conditions
Part 5Registration of real estate salespersons
Division 8Dealings with registration certificates
Subdivision 2General
139 Return of registration certificate for amendment of conditions
(1)
The chief executive may require a real estate salesperson to produce the salesperson’s registration certificate for amendment or replacement within a stated period of not less than 14 days if the chief executive intends to—
(a)
amend the conditions of the certificate under section 138; or
(b)
replace the certificate under section 147(5).
(2)
The holder must comply with a requirement under subsection (1), unless the holder has a reasonable excuse.Maximum penalty for subsection (2)—100 penalty units.
This Act’s bill:Explanatory memorandumSecond reading speech
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