52ACertificate of registration longer than 4 years—the Act, s 26AA

52A Certificate of registration longer than 4 years—the Act, s 26AA

52A Certificate of registration longer than 4 years—the Act, s 26AA

(1) For the Act, section 26AA(7), definition of exceptional circumstances, the following exceptional circumstances are prescribed—

(a) a real risk to the effective functioning of the property and stock agents industry,

(b) an event that has substantially disrupted the ability of the holder of a certificate of registration to complete the qualifications for the issue of a class 2 licence within the last 12 months before the expiry of the holder’s certificate of registration.

(2) In this section—

event includes the following—

(a) a medical condition of the holder,

(b) an exclusion of the holder from participation in the property and stock agents industry that is beyond the holder’s control,

(c) a disruption to the holder’s domestic arrangements.

holder, of a certificate of registration, includes a former holder.

s 52A: Ins 2024 No 4, Sch 4[1]. Subst 2024 (120), Sch 1.