Northern Territory Consolidated Regulations Northern Territory Consolidated Regulations(1) For section 22(1)(c)(ii) of the Act, the prescribed qualifications are:
(a) for a licence to carry on business as a real estate agent or a business agent – completion of each of the modules and units of competency specified in Schedule 4A; and
(b) for a licence to carry on business as a conveyancing agent:
(i) completion of at least one of the qualifications specified in Schedule 4B, Part 1; and
(ii) the qualifications specified in Schedule 4B, Part 2.
(2) The Board may exempt a person under section 5A of the Act from compliance with section 22(1)(c)(ii) of the Act for the qualifications prescribed by subregulation (1)(b) if it is satisfied that the person holds qualifications similar to those prescribed by that subregulation.
(3) For section 22(1)(c)(iii) of the Act, the other prescribed qualifications and experience are:
(a) for a licence to carry on business as a real estate agent – the academic and practical qualifications and experience specified in Schedule 5, Part 1; and
(b) for a licence to carry on business as a business agent – the academic and practical qualifications and experience specified in Schedule 5, Part 2; and
(c) for a licence to carry on business as a conveyancing agent – either:
(i) the academic and practical qualifications and experience specified in Schedule 5, Part 3, Division 1; or
(ii) the practical qualifications and experience specified in Schedule 5, Part 3, Division 2.
(4) However, subregulation (3) only applies if the qualifications and experience were completed within 5 years before the commencement of regulation 4 of the Agents Licensing Amendment Regulations 2007 .