REAL ESTATE AND BUSINESS AGENTS ACT 1978 - SECT 27

REAL ESTATE AND BUSINESS AGENTS ACT 1978 - SECT 27

27 .         Licensing of individuals

        (1)         Subject to this Act, an individual who applies to the Commissioner for a licence and pays to the Commissioner the prescribed fee for the licence shall be granted and may hold a licence if the Commissioner is satisfied that the individual —

            (a)         is of or over the age of 18 years; and

            (b)         is a person of good character and repute and a fit and proper person to hold a licence; and

            (c)         has sufficient material and financial resources available to enable them to comply with the requirements of this Act; and

            (d)         understands fully the duties and obligations imposed by this Act on agents.

        (2)         In subsection (1)(b) fit and proper includes being qualified in accordance with Schedule 1 but subject to the savings and exceptions provided in this Act.

        [Section 27 amended: No. 58 of 2010 s. 134; No. 23 of 2014 s. 72; No. 25 of 2918 s. 41.]