41Registered body corporate with insufficient registered directors

41 Registered body corporate with insufficient registered directors

41 Registered body corporate with insufficient registered directors

(1) A registered body corporate must not carry out any certification work during any period during which it does not have at least 1 suitably qualified director.

Maximum penalty—1,000 penalty units.

(2) A registered body corporate that has not had for a continuous period of 3 months at least 1 suitably qualified director must not carry out any certification work until—

(a) it has a suitably qualified director, and

(b) it has notified the Secretary in writing that it now has a suitably qualified director.

Maximum penalty—1,000 penalty units.

(3) In this section—

suitably qualified director, in relation to certification work, means a director who is a registered individual whose registration authorises the individual to carry out that work.