22Changing registration conditions

22 Changing registration conditions

Imposing new conditions (1) After registering a person as a broker under this Division, the Minister may impose a new condition on the broker’s registration by giving the broker notice of the condition. The notice must include the reasons for imposing the new condition. Removing or varying conditions (2) The Minister may remove or vary a condition of a registered broker’s registration by giving the broker notice of the removal or variation. For a variation of a condition, the notice must include the reasons for the variation.

Note 1: Section 67 deals with giving notices under this Act.

Note 2: Section 68 deals with disclosing reasons for decisions.