Property, Stock and Business Agents (Auctioneers Qualifications) Order 2003 (NSW)

1Name of Order

This Order is the Property, Stock and Business Agents (Auctioneers Qualifications) Order 2003.

2Commencement

This Order commences on 1 September 2003.

3Definitions

In this Order:

registered training organisation has the same meaning as in the Vocational Education and Training Act 2005.

the Act means the Property, Stock and Business Agents Act 2002.

4Approved qualification in respect of real estate agent’s licence

For the purposes of section 21 of the Act, the holder of a real estate agent’s licence has approved qualifications for accreditation as an auctioneer if the person has been issued by a registered training organisation with a statement of attainment or a qualification demonstrating competency in PRD01 Unit of Competency PRDRE26A—Conduct property sale by auction.

5Approved qualification in respect of stock and station agent’s licence

For the purposes of section 21 of the Act, the holder of a stock and station agent’s licence has approved qualifications for accreditation as an auctioneer if the person has been issued by a registered training organisation with a statement of attainment or a qualification demonstrating competency in both of the following units of competency:

• (a)

  PRD01 Unit of Competency PRDSSA23A—Conduct auction sale,

• (b)

  PRD01 Unit of Competency PRDSSA32A—Conduct livestock sale by auction.

6Underpinning knowledge based on New South Wales law

The underpinning knowledge for a unit of competency from the Property Development and Management Training Package (PRD01) must be based on New South Wales law for the unit of competency to be included in a qualification approved by this Order.