45Employees and others required to notify disqualification

#### 45 Employees and others required to notify disqualification 45 Employees and others required to notify disqualification > A person must notify a licensee within 7 days after the person becomes a disqualified person if the person is— > > > (a) employed by the licensee (except where the person’s disqualification is on a ground that does not disqualify the person from eligibility to hold a certificate of registration), or > > > (b) 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 45:** Am 2006 No 4, Sch 1 \[10\]. Subst 2016 No 60, Sch 1 \[12\].