6Functions stock and station agents and assistant stock and station agents may exercise—the Act, s 10A

#### 6 Functions stock and station agents and assistant stock and station agents may exercise—the Act, s 10A 6 Functions stock and station agents and assistant stock and station agents may exercise—the Act, s 10A > > (1) A stock and station agent who holds a class 1 or class 2 licence may exercise all stock and station agent functions. > > > (2) Despite subsection (1), a stock and station agent may not authorise the withdrawal of money from a trust account unless the stock and station agent is the licensee in charge of the business to which the trust account relates. > > > (3) An assistant stock and station agent— > > > > > (a) may exercise all stock and station agent functions other than the function described in the Act, section 3A(2), definition of real estate sale or leasing functions, paragraph (b), but > > > > > (b) may not, in the person’s capacity as an assistant stock and station agent— > > > > > > > (i) enter into a contract for the sale of land, or > > > > > > > (ii) enter into an agency agreement, other than an agency agreement relating only to the sale or purchase of livestock, or > > > > > > > (iii) enter into a franchising agreement, or > > > > > > > (iv) authorise the withdrawal of money from a trust account. > > > (4) In this section— > > > > stock and station agent functions means the functions referred to in the Act, section 3(1), definition of stock and station agent.