14Eligibility to obtain licence

14 Eligibility to obtain licence

S. 14(1) amended by Nos 10028 s. 8(a), 29/1989 s. 6(1)(a).

(1) A person (other than a corporation) shall not be eligible to be granted an estate agent's licence unless he is not less than eighteen years of age and—

(a) he has—

S. 14(1)(a)(i) amended by Nos 86/1994 s. 9(a), 52/1998 s. 70(1).

(i) passed any courses of instruction or examinations prescribed by the regulations; and

S. 14(1)(a)(ii) amended by No. 29/1989 s. 6(1)(b), repealed by No. 86/1994 s. 9(b).

S. 14(1)(a)(iii) substituted by No. 29/1989 s. 6(1)(c), amended by No. 86/1994 s. 9(c)(d).

(iii) during the 3 years immediately before applying for the licence been engaged in—

(A) full-time employment as an agent's representative for not less than one year or for periods amounting in the aggregate to one year; or

(B) part-time employment as an agent's representative for not less than the equivalent of one year of full-time employment or for periods amounting in the aggregate to the equivalent of one year of full-time employment; or

S. 14(1)(b) amended by No. 86/1994 s. 9(e).

(b) he has within the period of five years immediately preceding his application held an estate agent's licence; or

S. 14(1)(c) inserted by No. 86/1994 s. 9(e), substituted by No. 41/2003 s. 19.

(c) she or he has met any other requirements establishing competency set out in the regulations.

S. 14(2) amended by Nos 29/1989 s. 6(1)(d), 86/1994 ss 9(d)(f), 47(d), repealed by No. 1/2010 s. 6.

S. 14(3) amended by No. 10028 s. 8(b)(i)–(iii), substituted by No. 29/1989 s. 6(1)(e), amended by No. 86/1994 s. 47(d).

(3) Despite subsection (1), a person is eligible to be granted an estate agent's licence if he or she satisfies the Authority that he or she—

(a) has been licensed or otherwise authorised under the laws of another place or country to carry on a business in that place or country for which an estate agent's licence would be required in Victoria; and

(b) has an adequate knowledge of Victorian estate agency law, practice and procedure, including accounting.

S. 14(4) amended by Nos 10028 s. 8(c), 29/1989 s. 6(1)(f), 86/1994 s. 47(d).

(4) A person shall not be treated as having an adequate knowledge of Victorian estate agency law, practice and procedure, including accounting by reason only of the fact that, with the approval of the Authority pursuant to section 30(4), he has managed a branch office.

S. 14(5) amended by Nos 10028 s. 8(h), 86/1994 s. 9(i).

(5) A person—