Northern Territory Consolidated Acts

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AGENTS LICENSING ACT - SECT 32B

Licensed agent when not carrying on business

32B. Licensed agent when not carrying on business

(1) Where a licensed agent is not, or will not be, carrying on business within the Territory, the licensed agent is to give to the Registrar notice of the period during which the licensed agent is not or will not be carrying on business together with the prescribed particulars, if any.

(2) Where the Registrar is notified under subsection (1) that a licensed agent is not or will not be carrying on business as a licensed agent within the Territory, the Board may suspend the licensed agent's licence until the licensed agent commences or re-commences carrying on business as a licensed agent within the Territory.

(3) A licensed agent who is not or will not be carrying on business within the Territory must not fail to give notice under subsection (1).

Penalty: If the offender is a natural person - 20 penalty units.

If the offender is a body corporate - 100 penalty units.

Part IV. Registration of agents' representatives



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