Correct Answers.
Occupational licensing - Answer Occupational License is a permit to practice a particular
occupation
Occupational licensing is the government or industry practice of issuing a license in order to
control the standard of work done.
The system of licensing different occupations were developed in order to:
• Protect consumers from non licensed traders
• Enable members of the licensed group to develop a stronghold over the market
• Raise revenue
State Regulation: - Answer In some industries and occupations, permission to practice is
regulated by the government through legislation, giving people in that specific occupation
permission to practice. Government regulation is used for many occupations and professions
such as builders, auctioneers, insurance agent, pawnbrokers, lawyers and doctors. Some
examples of state regulation of occupations include:
• Motor Dealers Act 1974: requires a person to hold a license before they can undertake
business or advertise as a motorcar dealer. Licenses are granted by the NSW director of
Business Licenses. If a person operates as a dealer without a license they can face a fine.
Fraudulent behaviour results in cancelled license
• Vehicles Repair Act 1980: grants licenses to repair motor vehicles, and are reviewed yearly.
Motor Vehicle Industry Council oversees the granting of licenses. Disputes. Between a consumer
and a repairer dealt with by the NSW Fair Trading Tribunal. A license can be removed if the
license holder is dishonest, incompetent, ,performs substandard work.
• Travel Agents Act 1986 (NSW): requires travel agents to be licensed, which are issued by the
NSW director Business Licenses. Operating without a license will result in a fine. Travel agents
must be part of the Australian Travel Compensation Fund, and failure to will result in cancelled
licenses.
Pros and Cons of State Regulation - Answer Pros and Cons: