sec.137Offence to sell, lend or borrow registration certificate

### sec.137 Offence to sell, lend or borrow registration certificate A real estate salesperson must not— sell, lend or hire out the salesperson’s registration certificate to someone else; or notify or advertise that a registration certificate is available for sale, loan or hire to someone else, whether registered or not; or permit or allow someone else to hold out that the person is the holder of the registration certificate issued to the salesperson. Maximum penalty—200 penalty units or 2 years imprisonment. A person must not buy, borrow or hire a registration certificate. Maximum penalty—200 penalty units or 2 years imprisonment. (sec.137-ssec.1) A real estate salesperson must not— sell, lend or hire out the salesperson’s registration certificate to someone else; or notify or advertise that a registration certificate is available for sale, loan or hire to someone else, whether registered or not; or permit or allow someone else to hold out that the person is the holder of the registration certificate issued to the salesperson. Maximum penalty—200 penalty units or 2 years imprisonment. (sec.137-ssec.2) A person must not buy, borrow or hire a registration certificate. Maximum penalty—200 penalty units or 2 years imprisonment. - (a) sell, lend or hire out the salesperson’s registration certificate to someone else; or - (b) notify or advertise that a registration certificate is available for sale, loan or hire to someone else, whether registered or not; or - (c) permit or allow someone else to hold out that the person is the holder of the registration certificate issued to the salesperson.