Supervision and management of Trade Licence business
93 Supervision and management of Trade Licence business
It is a condition of a Trade Licence that the licensee must ensure that the conduct of business under the licence is personally supervised and managed at all times by a person (the business supervisor) who is —
the licensee; or
the responsible person for the licence; or
an authorised person for the licence.
The business supervisor must give such direction, and exercise or cause to be exercised such supervision, in connection with the conduct of business under the licence as is reasonably necessary to ensure that an offence under this Act is not committed in the course of the conduct of that business.
If an offence under this Act is committed by an authorised person for a Trade Licence in the course of the conduct of business under the licence, the person who is the business supervisor when the offence is committed is taken to have also committed the offence if the person failed to comply with subsection (2).
This Act’s bill:Explanatory memorandumSecond reading speech
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