sec.98Employment of persons in real estate business

### sec.98 Employment of persons in real estate business A real estate agent must not employ, as a real estate salesperson, a person the agent knows, or ought to know, does not hold a registration certificate. Maximum penalty—200 penalty units. A real estate agent must not directly engage an independent contractor as a real estate salesperson unless the independent contractor holds a property agent licence. Maximum penalty—200 penalty units. A principal licensee who is an individual and carries on the business of a real estate agent must not employ, as a real estate salesperson for the business, himself or herself or another individual with whom the principal licensee carries on business as a real estate agent. Maximum penalty—200 penalty units. A principal licensee that is a corporation and carries on business as a real estate agent must not employ an executive officer of the corporation as a real estate salesperson for the business. Maximum penalty— for an individual guilty under the Criminal Code , chapter 2 of an offence—200 penalty units; or for a corporation—1,000 penalty units. (sec.98-ssec.1) A real estate agent must not employ, as a real estate salesperson, a person the agent knows, or ought to know, does not hold a registration certificate. Maximum penalty—200 penalty units. (sec.98-ssec.2) A real estate agent must not directly engage an independent contractor as a real estate salesperson unless the independent contractor holds a property agent licence. Maximum penalty—200 penalty units. (sec.98-ssec.3) A principal licensee who is an individual and carries on the business of a real estate agent must not employ, as a real estate salesperson for the business, himself or herself or another individual with whom the principal licensee carries on business as a real estate agent. Maximum penalty—200 penalty units. (sec.98-ssec.4) A principal licensee that is a corporation and carries on business as a real estate agent must not employ an executive officer of the corporation as a real estate salesperson for the business. Maximum penalty— for an individual guilty under the Criminal Code , chapter 2 of an offence—200 penalty units; or for a corporation—1,000 penalty units. - (a) for an individual guilty under the Criminal Code , chapter 2 of an offence—200 penalty units; or - (b) for a corporation—1,000 penalty units.