Property Agents and Land Transactions Act 2016
20Conditions of licence
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20 Conditions of licence
(1) [Section 20 Subsection (1) amended by No. 29 of 2022, s. 68, Applied:01 Jul 2023] If the Board issues a licence in accordance with section 19(1)(a) , the Board may issue the licence subject to such conditions as the Board considers appropriate.
(2) [Section 20 Subsection (2) amended by No. 29 of 2022, s. 68, Applied:01 Jul 2023] The Board may at any time after the licence is issued in accordance with section 19(1)(a) –
(a) impose new conditions on the licence; or
(b) amend or vary a condition of the licence; or
(c) rescind a condition of the licence.
(3) [Section 20 Subsection (3) amended by No. 29 of 2022, s. 68, Applied:01 Jul 2023] Without limiting subsections (1) and (2) , a licence issued in accordance with section 19(1)(a) may be subject to conditions of the following kind:
(a) [Section 20 Subsection (3) amended by No. 29 of 2022, s. 68, Applied:01 Jul 2023] a condition requiring the licensee to undertake or complete a specified course of studies within a specified period of time and to a specified standard;
(ab) [Section 20 Subsection (3) amended by No. 40 of 2020, s. 5, Applied:04 May 2022] a condition requiring the licensee to notify the Board, in an approved form, of any change in the licensee’s name, business address or contact details as soon as practicable after that change;
(b) [Section 20 Subsection (3) amended by No. 29 of 2022, s. 68, Applied:01 Jul 2023] a condition requiring the licensee to undertake, by way of professional development, specified further education or training during the term of the licence to a specified standard.