New South Wales Consolidated Acts
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PROPERTY, STOCK AND BUSINESS AGENTS ACT 2002 - SECT 42
Licensee to keep records of certain employees
(1) A licensee must make and keep a record of the name and residential address
of each employee that the licensee employs as a real estate salesperson,
stock and station salesperson, business salesperson or registered manager.
(2) The licensee must keep the record for at least 3 years after the person
ceases to be an employee.
(3) The licensee must keep the record in the form
of a register of employees and that register must be kept at the place of
business of the licensee at which the employee is employed or at such other
place as the Director-General may approve.
Maximum penalty: 50 penalty units.
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