National Consumer Credit Protection Act 2009

CHAPTER 3 - RESPONSIBLE LENDING CONDUCT  

PART 3-5A - MORTGAGE BROKERS AND MORTGAGE INTERMEDIARIES  

Division 1 - Introduction  

Subdivision B - Interpretation  

SECTION 158KB   CIRCUMSTANCES IN WHICH A SECONDARY REPRESENTATIVE IS TAKEN TO BE ACTING WITHIN ACTUAL OR APPARENT AUTHORITY  

158KB(1)    
This section applies if a person (the secondary representative ) is authorised as a credit representative of a licensee by a credit representative that is a body corporate (the primary representative ).

158KB(2)    
For the purposes of this Part, the secondary representative is taken to be acting within the scope of the secondary representative ' s actual or apparent authority from the licensee if the secondary representative is acting within the actual or apparent scope of the authority given by the primary representative to engage in specified credit activities on behalf of the licensee.