43ARenewal of registration

43A Renewal of registration (1) A registered agent’s representative may apply to the Registrar to renew their registration as an agent’s representative. (2) An application for the renewal of a registration must: (a) be lodged with the Registrar; and (b) be in the approved form; and (c) specify a further registration period of 1 year, 3 years or 5 years; and (d) be accompanied by the prescribed fee for the registration period specified in the application; and (e) be made within 3 months before the expiry date of the current registration. (3) Subject to this Act, if an application for renewal is lodged in accordance with subsection (2): (a) the Registrar must renew the registration; and (b) the current registration remains in force until the date that the applicant is notified of the outcome of the renewal application; and (c) the renewed registration is taken to have commenced on the date following the expiry date of the registration it renews. (4) If the Registrar suspects that the holder of the registration who is seeking the renewal of the registration is not a fit and proper person within the meaning of section 20, the Registrar must: (a) request the Board, in writing, to hold an inquiry to consider whether the holder of the registration is not a fit and proper person within the meaning of section 20; and (b) notify the holder of the registration of the request to the

Agents Licensing Act 1979 32 (c) receive approval from the Board before renewing the registration. (5) The Board must hold an inquiry if it receives a request under subsection (4). (6) After holding an inquiry, the Board must: (a) approve the renewal of the registration; or (b) refuse to approve the renewal of the registration. (7) If the Board refuses to approve the renewal of the registration, the Board must give the holder of the registration a written statement of the reasons for its decision.