71Class 1 licensed property agent to be in charge of

71 Class 1 licensed property agent to be in charge of business—exemptions (1) The commissioner for fair trading may, in writing, exempt a licensed property agent from the following provisions: (a) section 68A (Licensed agent in charge to have class 1 property agent licence); (b) section 69 (Property agent place of business to have class 1 licensed property agent in charge); (c) section 70 (Class 1 licensed property agent to be in charge of 1 place of business). (2) The exemption may be conditional. (3) A regulation may prescribe the matters to be considered by the commissioner for fair trading in deciding whether to exempt a licensed property agent under subsection (1), or amend or revoke an exemption. (4) A condition under this section may be put or amended as if it were a condition on a licence. Note The procedure for putting or amending licence conditions is dealt with in s 34 (2), (3) and (4).