Western Australian Consolidated Regulations

FINANCE BROKERS CONTROL (GENERAL) REGULATIONS 2005 - REG 5

5 .         Exemption — Finance broker (section 5(2) and (3))

                Sections 48 to 72 of the Act do not apply to or in relation to a licensee who does not receive or hold monies on behalf of other persons in the course of his or her broking business.