sec.147Replacement certificates

### sec.147 Replacement certificates A real estate salesperson may apply to the chief executive for the replacement of a lost, stolen, destroyed or damaged registration certificate. The application must be made in the approved form. The chief executive must grant the application if the chief executive is satisfied the certificate has been lost, stolen or destroyed, or damaged in a way to require its replacement. If the chief executive grants the application, the chief executive must issue another registration certificate to the applicant to replace the lost, stolen, destroyed or damaged certificate. The chief executive may also replace a registration certificate if— either— the holder of the registration certificate has given written notice to the chief executive of a prescribed change under section 149 ; or the chief executive reasonably believes a prescribed change for the holder of the registration certificate has happened; and the chief executive is satisfied that the prescribed change requires a replacement of the registration certificate. If the chief executive replaces a registration certificate under this section— the registration certificate continues to be subject to the same conditions and term that the registration certificate was subject to before being replaced; and the holder of the registration certificate must pay the chief executive the fee prescribed under a regulation. (sec.147-ssec.1) A real estate salesperson may apply to the chief executive for the replacement of a lost, stolen, destroyed or damaged registration certificate. (sec.147-ssec.2) The application must be made in the approved form. (sec.147-ssec.3) The chief executive must grant the application if the chief executive is satisfied the certificate has been lost, stolen or destroyed, or damaged in a way to require its replacement. (sec.147-ssec.4) If the chief executive grants the application, the chief executive must issue another registration certificate to the applicant to replace the lost, stolen, destroyed or damaged certificate. (sec.147-ssec.5) The chief executive may also replace a registration certificate if— either— the holder of the registration certificate has given written notice to the chief executive of a prescribed change under section 149 ; or the chief executive reasonably believes a prescribed change for the holder of the registration certificate has happened; and the chief executive is satisfied that the prescribed change requires a replacement of the registration certificate. (sec.147-ssec.6) If the chief executive replaces a registration certificate under this section— the registration certificate continues to be subject to the same conditions and term that the registration certificate was subject to before being replaced; and the holder of the registration certificate must pay the chief executive the fee prescribed under a regulation. - (a) either— (i) the holder of the registration certificate has given written notice to the chief executive of a prescribed change under section 149 ; or (ii) the chief executive reasonably believes a prescribed change for the holder of the registration certificate has happened; and - (i) the holder of the registration certificate has given written notice to the chief executive of a prescribed change under section 149 ; or - (ii) the chief executive reasonably believes a prescribed change for the holder of the registration certificate has happened; and - (b) the chief executive is satisfied that the prescribed change requires a replacement of the registration certificate. - (i) the holder of the registration certificate has given written notice to the chief executive of a prescribed change under section 149 ; or - (ii) the chief executive reasonably believes a prescribed change for the holder of the registration certificate has happened; and - (a) the registration certificate continues to be subject to the same conditions and term that the registration certificate was subject to before being replaced; and - (b) the holder of the registration certificate must pay the chief executive the fee prescribed under a regulation.