110ABusiness managers

110A Business managers (1) Subject to section 111, a licensed agent must ensure that there is at all times in the agent's service a business manager, who is a licensed agent appointed by the agent, in respect of each office of the business carried on under the licence. (2) A person may be appointed under subsection (1) to be a business manager in respect of all of the offices of, or one or more offices of, the business carried on under a licence. (3) A licensed agent must ensure that there is not more than one business manager with substantive and effective control of an office of the business carried on under the licence.

Agents Licensing Act 1979 83 (4) A business manager: (a) must not act as a manager, or a business manager, on behalf of more than one licensed agent or firm; and (b) must not carry on business as an agent on his or her own account, except if he or she: (i) is a business manager in relation to a firm that he or she constitutes; and (ii) is not a business manager in respect of any other business. (5) A business manager must ensure that he or she exercises substantive and effective control of the day-to-day operations of an office in relation to which he or she was appointed under (6) Rules of conduct may specify the duties, during a period while a business manager is not present at the office, of a licensed agent and a business manager in relation to an office of the business carried on under a licence.