WebA licensee must, within 5 days after becoming aware that a trust account of the licensee has become overdrawn, notify the Secretary in writing of: (a) the name and number of the account, and (b) the amount by which the account is overdrawn, and (c) the reason for the account becoming overdrawn. Maximum penalty: 100 penalty units. WebCorporations must employ a class 1 licence holder to be the licensee in charge (LIC) of their business. An LIC is responsible for the proper supervision of the business they are in charge of and must hold a class 1 licence in the category relevant to the business.
broker responsibilities Flashcards Quizlet
Web12. apr 2024. · As provided in this law, the Florida Board of Professional Engineers is responsible for reviewing applications, licensing qualified applicants, and otherwise regulating the practice of engineering throughout the state. Licensees are expected to know the laws and rules governing their profession and are expected to provide services in … WebThe responsible licensee is responsible for ensuring that the trust funds are not utilized for any purpose other than the one for which they were originally intended. The licensee in charge is responsible for ensuring that all members of the staff who deal with trust money have the appropriate training and are aware of their obligations. incipient phase
idioms - "In charge of" vs "Responsible for" - English …
WebThe NCEES model law defines “Responsible Charge” as the direct control and personal supervision of engineering work. The Board of Ethical Review has reinforced this … Weblicensee in charge must be confident that the applicant can successfully perform each requirement. You must complete the following steps: 1. Complete the required activities … Webresponsible person for licensed premises means any of the following ... a person nominated by the licensee as the person in charge of the sale and supply of liquor at the function or event is present on the premises at any time when the licensee cannot be present on those premises. (4) ... incontinence bloomers