sec.142Immediate suspension

### sec.142 Immediate suspension This section applies if the chief executive believes, on reasonable grounds, that— a real estate salesperson’s registration certificate, or a renewal or restoration of the registration certificate, was obtained because of materially incorrect or misleading information; or both— an irregularity or deficiency exists in a licensee’s trust account; and a real estate salesperson employed by the licensee may be responsible for the irregularity or deficiency; or a real estate salesperson— has contravened or is contravening this Act or the Administration Act ; or has contravened PAMDA ; or is likely or proposing to engage in conduct that would contravene this Act or the Administration Act . The chief executive may suspend the real estate salesperson’s registration certificate, whether or not disciplinary proceedings have been started under this Act. The certificate may be suspended for the period, of not more than 28 days, and on the conditions, the chief executive decides. The chief executive must give the real estate salesperson an information notice about the suspension within 14 days after suspending the registration. The real estate salesperson must return the certificate to the chief executive within 14 days after receiving the notice, unless the real estate salesperson has a reasonable excuse. Maximum penalty for subsection (5) —100 penalty units. (sec.142-ssec.1) This section applies if the chief executive believes, on reasonable grounds, that— a real estate salesperson’s registration certificate, or a renewal or restoration of the registration certificate, was obtained because of materially incorrect or misleading information; or both— an irregularity or deficiency exists in a licensee’s trust account; and a real estate salesperson employed by the licensee may be responsible for the irregularity or deficiency; or a real estate salesperson— has contravened or is contravening this Act or the Administration Act ; or has contravened PAMDA ; or is likely or proposing to engage in conduct that would contravene this Act or the Administration Act . (sec.142-ssec.2) The chief executive may suspend the real estate salesperson’s registration certificate, whether or not disciplinary proceedings have been started under this Act. (sec.142-ssec.3) The certificate may be suspended for the period, of not more than 28 days, and on the conditions, the chief executive decides. (sec.142-ssec.4) The chief executive must give the real estate salesperson an information notice about the suspension within 14 days after suspending the registration. (sec.142-ssec.5) The real estate salesperson must return the certificate to the chief executive within 14 days after receiving the notice, unless the real estate salesperson has a reasonable excuse. Maximum penalty for subsection (5) —100 penalty units. - (a) a real estate salesperson’s registration certificate, or a renewal or restoration of the registration certificate, was obtained because of materially incorrect or misleading information; or - (b) both— (i) an irregularity or deficiency exists in a licensee’s trust account; and (ii) a real estate salesperson employed by the licensee may be responsible for the irregularity or deficiency; or - (i) an irregularity or deficiency exists in a licensee’s trust account; and - (ii) a real estate salesperson employed by the licensee may be responsible for the irregularity or deficiency; or - (c) a real estate salesperson— (i) has contravened or is contravening this Act or the Administration Act ; or (ii) has contravened PAMDA ; or (iii) is likely or proposing to engage in conduct that would contravene this Act or the Administration Act . - (i) has contravened or is contravening this Act or the Administration Act ; or - (ii) has contravened PAMDA ; or - (iii) is likely or proposing to engage in conduct that would contravene this Act or the Administration Act . - (i) an irregularity or deficiency exists in a licensee’s trust account; and - (ii) a real estate salesperson employed by the licensee may be responsible for the irregularity or deficiency; or - (i) has contravened or is contravening this Act or the Administration Act ; or - (ii) has contravened PAMDA ; or - (iii) is likely or proposing to engage in conduct that would contravene this Act or the Administration Act .