20Class 2 real estate agent’s licence with on-site residential property manager restriction condition

20 Class 2 real estate agent’s licence with on-site residential property manager restriction condition

20 Class 2 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 2 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 2 licence with on-site residential property manager restriction condition The person has held a class 2 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—holder of certificate of registration The person has—

(a) held a certificate of registration as an assistant real estate agent for at least 12 months (with or without a restriction condition), and

(b) satisfactorily completed the class 2 work experience requirements during a 12 month period, and

(c) 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.

(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.

cl 20: Am 2021 (186), Sch 1[9]–[11].