10AFunctions that can be exercised by holders of licences and certificates of registration

#### 10A Functions that can be exercised by holders of licences and certificates of registration 10A Functions that can be exercised by holders of licences and certificates of registration > > (1) The regulations may prescribe that specified regulated functions may be exercised— > > > > > (a) only by the holder of a licence or by the holder of a licence of a particular class, or > > > > > (b) only under the supervision (direct or otherwise) of the holder of a licence or of the holder of a licence of a particular class. > > > (2) The regulations may provide that a reference to the holder of a licence in a provision of this Act is to be construed as a reference to the holder of a particular class of licence. > > > (3) The authority granted by a licence or certificate of registration is subject to the regulations. > > **s 10A:** Ins 2018 No 5, Sch 1\[16\].