A salesperson may be licensed only as the salesperson of a licensed agent
The termination of the employment of a salesperson with a licensed agent shall operate as a suspension of the licence of that salesperson until written notice has been received by the superintendent from that or another licensed agent of his or her intention to re-employ or employ the salesperson and until the salesperson's licence has been restored or renewed and the salesperson has been notified in writing by the superintendent of the restoration or renewal.
An associate, partner or employee of a natural person who is a licensed agent, or an officer, member or employee of a partnership or corporation which is a licensed agent may apply for a salesperson's licence.
An application for a salesperson's licence shall be accompanied by a statement made by or on behalf of the licensed agent for whom the applicant proposes to act as salesperson,
(a) recommending the applicant as an appropriate person to receive a salesperson's licence; and
(b) declaring that, where the applicant is granted a licence, the applicant shall act as a salesperson employed by and representing the licensed agent by or on whose behalf the statement is made.
A salesperson's licence shall have written on the licence the name of the licensed agent who is the principal of that salesperson.
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