NSWIn ForceAct
Property and Stock Agents Act 2002
26AAExceptional circumstances for extending or restoring certificates of registration beyond 4 years
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#### 26AA Exceptional circumstances for extending or restoring certificates of registration beyond 4 years
26AA Exceptional circumstances for extending or restoring certificates of registration beyond 4 years
> > (1) The Secretary may, if satisfied exceptional circumstances exist—
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> > > (a) grant a certificate of registration for a term longer than 4 years, or
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> > > (b) grant an extension to an existing certificate of registration of up to 12 months so that the certificate has a term longer than 4 years, or
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> > > (c) grant a restoration to a certificate of registration for an additional 12 months so that the certificate has a term longer than 4 years.
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> > (2) A grant under subsection (1) may be unconditional or subject to conditions.
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> > (3) The Secretary may require the holder, or former holder, of a certificate of registration to do the following—
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> > > (a) make an application for a grant under subsection (1),
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> > > (b) make the application within the time required by the Secretary,
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> > > (c) make the application in a form approved by the Secretary,
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> > > (d) pay the fee prescribed by the regulations for the application.
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> > (4) An application for the restoration of a certificate of registration must be made—
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> > > (a) within 3 months of the expiry of the certificate of registration, or
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> > > (b) within the further period determined by the Secretary on the application of the person seeking the restoration.
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> > (5) A certificate of registration that has been surrendered or cancelled must not be restored.
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> > (6) For an application for a restoration of a certificate of registration—
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> > > (a) anything done by the holder of the expired certificate of registration between its expiry and the determination of the application is taken to have been done as the holder of a certificate of registration, and
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> > > (b) if the application is granted—the certificate of registration is taken to have been restored from the day on which the certificate of registration expired.
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> > (7) In this section—
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> > exceptional circumstances includes circumstances prescribed by the regulations.
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> **s 26AA:** Ins 2024 No 4, Sch 3.