Queensland Consolidated Acts

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PROPERTY AGENTS AND MOTOR DEALERS ACT 2000 - SECT 57

57 Application for renewal

(1) A licensee must apply for renewal of the licensee's licence before the licence expires.

(2) The application must--

(a) be made to the chief executive in the approved form; and
(b) state the term of the licence being applied for; and
(c) state the names and addresses of the licensee's business associates; and
(d) be accompanied by--
(i) an application fee; and
(ii) a licence renewal fee; and
(iii) if the licensee is required as a condition of the licensee's licence to hold insurance, proof of the currency of the insurance; and
(iv) if, before or when the application is made, a criminal history costs requirement is made of the licensee--the amount of the costs required to be paid.

(3) The application must also be accompanied by--

(a) an audit report for all trust accounts kept by the licensee during the relevant audit period; or
(b) a statutory declaration that the licensee did not operate a trust account during the relevant audit period.

(4) Subsection (3) does not apply to a property developer.

(5) If requested by the chief executive, the application must, for a licensee who is an individual, also be accompanied by 2 recent colour photographs of the licensee that are--

(a) of a size prescribed under a regulation; and
(b) certified as photographs of the licensee in the way prescribed under a regulation.

(6) The licensee must also satisfy the chief executive that the licensee has actively carried out the activities authorised under the licence for a period, and within the period, prescribed under a regulation.

(7) In this section--

audit period has the meaning given by section 400.

audit report has the meaning given by section 400.

relevant audit period, for a licensee's licence, means the audit period ending immediately before the licence's expiry date.



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