6HRepresentatives

##### 6H Representatives (1) Subject to subsection (2), a person is a representative of another person if, and only if, the first‑mentioned person is employed by, or acts for or by arrangement with, the other person in connection with a securities business or investment advice business carried on by the other person. (2) Except for the purposes of paragraph 6F(1)(b): (a) a person who holds a proper authority from a licensee or recognised licensee is a representative of the licensee or recognised licensee; and (b) a person who holds an invalid authority from another person is a representative of the other person. (3) Subject to subsection (4), a person does an act, or engages in conduct, as a representative of another person if, and only if, the first‑mentioned person does the act, or engages in the conduct: (a) in connection with a securities business or investment advice business carried on by the other person; (b) while the first‑mentioned person is a representative of the other person; (c) as employee or agent of, or otherwise on behalf of, on account of, or for the benefit of, the other person; and (d) otherwise than in the course of work of a kind ordinarily done by accountants, clerks or cashiers. (4) Except for the purposes of Division 4 of Part IV, a person who holds himself, herself or itself out to be a representative of another person does an act as a representative of the other person.