NSWIn ForceAct
Property and Stock Agents Act 2002
13Transfer or lending of licence or certificate of registration prohibited
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#### 13 Transfer or lending of licence or certificate of registration prohibited
13 Transfer or lending of licence or certificate of registration prohibited
> > (1) The holder of a licence or certificate of registration must not transfer, let out, hire or lend the licence or certificate of registration to any other person or permit any other person to use the licence or certificate of registration.
> >
> > Maximum penalty—100 penalty units.
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> > (2) A court that convicts a person for an offence under this section is to order the cancellation of the licence or certificate of registration concerned. The licence or certificate of registration is cancelled on the making of the order.
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> **s 13:** Am 2009 No 103, Sch 2.3.