12Class 1 real estate agent’s licence with on-site residential property manager restriction condition

12 Class 1 real estate agent’s licence with on-site residential property manager restriction condition

12 Class 1 real estate agent’s licence with on-site residential property manager restriction condition

(1) A person has the qualifications required for the issue of a class 1 real estate agent’s licence (the new licence) with an on-site residential property manager restriction condition if the person satisfies one of the pathways set out in this clause.

(2) Pathway 1—holders of class 1 licence with on-site residential property manager restriction condition The person has held a class 1 real estate agent’s licence with an on-site residential property manager restriction condition within 12 months before making the application for the new licence.

(3) Pathway 2—persons who do not hold a licence The person—

(a) has satisfactorily completed the required units of Certificate IV in Real Estate Practice, or

(b) had, immediately before the repeal of the Property, Stock and Business Agents (Qualifications) Order 2009, the qualifications required by clause 17 of that order for the issue of an on-site residential property manager’s licence, or

(c) if, immediately before the commencement of the amending order, the person was enrolled in Certificate IV in Real Estate Practice with a registered training organisation—has satisfactorily completed Certificate IV in Real Estate Practice within 12 months after the commencement of the amending order.

(4) A requirement in this clause that a person have qualifications required by clause 17 of the Property, Stock and Business Agents (Qualifications) Order 2009 immediately before the repeal of that order is satisfied if the person has the qualifications after that repeal but had completed at least 1 unit of the required qualifications before the repeal.

(5) Pathway 3—transitional provision former licence holders The person—

(a) holds a class 2 real estate agent’s licence with an on-site residential property manager restriction condition, and

(b) applies for the class 1 real estate agent’s licence with an on-site residential property manager restriction condition within 12 months after the commencement day, and