Queensland Consolidated Acts Queensland Consolidated Acts(1) On appointment, a substitute licensee--
(a) must act as substitute for the licensee for whom the substitute is appointed; and
(b) is taken to be the licensee during the period of appointment.
(2) A licensee for whom a substitute has been appointed must not act under the authority of the licensee's licence while the appointment of the substitute licensee continues.
Maximum penalty--200 penalty units.
(3) The appointment of the substitute licensee ends if--
(a) the period of appointment ends; or
(b) the principal licensee gives written notice to end the appointment from a date stated in the notice--
(i) for a substitute licensee appointed under section 64(1), 65(2) or 66(2)--to the substitute licensee; or
(ii) for a substitute licensee appointed under section 67--to the chief executive and the substitute licensee; or
(c) the substitute licensee gives written notice to end the appointment from a date stated in the notice--
(i) for a substitute licensee appointed under section 64(1), 65(2) or 66(2)--to the principal licensee making the appointment; or
(ii) for a substitute licensee appointed under section 67--to the chief executive and the principal licensee who applied for the appointment; or
(d) the chief executive revokes the substitute licensee's appointment; or
(e) the licensee's licence is suspended or cancelled; or
(f) if the licensee is a principal licensee, the licensee stops carrying on business as a licensee.