Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) A person may carry on business as a travel agent only if the person is a compensation scheme participant.
Note For grounds of eligibility for licences that are specific to travel agents, see s 26.
(2) If a licensed travel agent stops being a compensation scheme participant, the agent's licence is automatically suspended under this section, until the agent again becomes a compensation scheme participant, or the licence is surrendered or cancelled, whichever happens first.
(3) A travel agent is a compensation scheme participant only if the agent complies with—
(a) the provisions of the travel agents trust deed applying to the agent; and
(b) any requirement made of the agent by the travel agents board of trustees under the travel agents trust deed.
(4) This section does not apply to a licensed travel agent if the licence is subject to an employee condition.