(1)  For the purposes of section 64(1)(a) of the Act, the prescribed educational qualification is –

(a) a Diploma of Property (Real Estate) awarded by a registered training organisation within the meaning of the National Vocational Education and Training Regulator Act 2011 of the Commonwealth; or

(b) a qualification that the Board is satisfied is substantially equivalent to the qualification prescribed in paragraph (a) .

(2)  For the purposes of section 17B(2)(a) of the Act, the qualification required for a property consultant is –

(a) if the person has been validly employed as a property consultant at some time within the previous 2 years, employment as a property consultant; or

(b) successful completion of an examination for property consultants administered by the Board.

(3)  For the purposes of section 17A(2)(a) of the Act, the qualification required for an assistant property manager is –

(a) if the person has been validly employed as an assistant property manager at some time within the previous 2 years, employment as an assistant property manager; or

(b) successful completion of an examination for assistant property managers administered by the Board.