9Class 1 real estate agent’s licence without restriction condition

9 Class 1 real estate agent’s licence without restriction condition

9 Class 1 real estate agent’s licence without restriction condition

(1) A person has the qualifications required for the issue of a class 1 real estate agent’s licence (the new licence) without a restriction condition if the person satisfies one of the pathways set out in this clause.

(2) Pathway 1—holders of class 1 licence without restriction condition The person has held a class 1 real estate agent’s licence without a restriction condition within 12 months before making the application for the new licence.

(3) Pathway 2—holders of class 1 licence with restriction condition The person has—

(a) held a class 1 real estate agent’s licence with a restriction condition within 12 months before making the application for the new licence, and

(b) satisfactorily completed the class 1 work experience requirements during a 2 year period, and

(c) satisfactorily completed Certificate IV in Real Estate Practice.

(4) Pathway 3—holders of class 2 licence without restriction condition The person has—

(a) held a class 2 real estate agent’s licence without a restriction condition for at least 2 years, and

(b) satisfactorily completed the class 1 work experience requirements during a 2 year period, and

(c) been issued with a relevant diploma from a registered training organisation.

(5) Pathway 4—holders of class 2 licence with restriction condition The person has—

(a) held a class 2 real estate agent’s licence for at least 2 years and the licence has been subject to a restriction condition during some or all of those 2 years, and

(b) satisfactorily completed the class 1 work experience requirements during a 2 year period, and

(c) been issued with a relevant diploma from a registered training organisation, and

(d) satisfactorily completed Certificate IV in Real Estate Practice.