sec.16Restrictions on individuals

sec.16 Restrictions on individuals

An employed field agent who is an individual is authorised to perform a regulated activity authorised under the agent’s licence only if the activity may also be performed by the agent’s employer under the employer’s licence. E is a licensed employee of P, a principal field agent. E’s licence is not subject to a condition. However, P’s licence is subject to the condition that P only engage in the collection of debts. Because of the condition, E is only authorised to engage in the collection of debts under E’s licence during E’s employment with P and while P’s licence is subject to the condition. If the employed field agent performs a regulated activity the agent is not authorised to perform because of subsection (1) , the agent is taken to be a person who acts as a person without an authorisation for the performance of the activity. (sec.16-ssec.1) An employed field agent who is an individual is authorised to perform a regulated activity authorised under the agent’s licence only if the activity may also be performed by the agent’s employer under the employer’s licence. E is a licensed employee of P, a principal field agent. E’s licence is not subject to a condition. However, P’s licence is subject to the condition that P only engage in the collection of debts. Because of the condition, E is only authorised to engage in the collection of debts under E’s licence during E’s employment with P and while P’s licence is subject to the condition. (sec.16-ssec.2) If the employed field agent performs a regulated activity the agent is not authorised to perform because of subsection (1) , the agent is taken to be a person who acts as a person without an authorisation for the performance of the activity.