Proactive release - Real Estate Authority (Licensing) Amendment Regulations 2021 [pdf, 1.8 MB]
...obtain the necessary three years’ experience to apply for licences. 8 The policy intent of the existing rule is to ensure that licensees have a certain level of appropriate knowledge that makes them fit to hold a licence. This acts as a safeguard to protect consumers, which is one of the objectives of the regulatory scheme. The proposed discretion would not affect this policy intent. Applicants with older qualifications would still need to demonstrate competence at the applicable qualif...