10Assistant agents require certificate of registration

#### 10 Assistant agents require certificate of registration 10 Assistant agents require certificate of registration > > (1) A person must not do any of the following things unless the person is the holder of a certificate of registration— > > > > > (a) be or remain as an assistant agent in the employment of a person licensed (or required to be licensed) under this Act, > > > > > (b) represent, whether expressly or impliedly, that the person is an assistant agent, > > > > > (c) act as or exercise any of the functions of an assistant agent. > > > > Maximum penalty—100 penalty units. > > > (2) An employed licensee is not required to hold both a certificate of registration and a licence to allow the licensee lawfully to do anything that, in the absence of this section, the licensee could lawfully do as the holder of the licence. > > > (3) An assistant agent who holds a certificate of registration may be known as a registered agent. > > **s 10:** Am 2016 No 60, Sch 1 \[2\]; 2018 No 5, Sch 1\[14\] \[15\].