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reg 11

Each of agent's places of business to be properly managed and supervised

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Part 2Registration and management of agent's business

11 Each of agent's places of business to be properly managed and supervised

For the purposes of section 11 of the Act, a place of business of an agent will be properly managed and supervised by an individual nominated to the Commissioner if—

(a)

the individual is a registered sales representative;

and

(b)

the individual has been nominated in a form approved by the

Commissioner; and

(c)

the Commissioner has approved the individual as an individual qualified to be nominated to manage and supervise a place of business of an agent.

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