44Duty of licensee to notify disqualification of employees and others

44 Duty of licensee to notify disqualification of employees and others

44 Duty of licensee to notify disqualification of employees and others

A licensee must notify the Secretary in writing within 7 days after becoming aware that any of the following persons has become a disqualified person—

(a) a person employed by the licensee (other than a person whose disqualification is on a ground that does not disqualify the person from eligibility to hold a certificate of registration),

(b) a person engaged by the licensee, other than as an employee of the licensee, to exercise regulated functions in the course of the business conducted by the licensee.

Maximum penalty—50 penalty units.

s 44: Am 2006 No 4, Sch 1 [10]. Subst 2016 No 60, Sch 1 [12].