You will need this licence to conduct a conveyance business for fee or reward. Conveyancing work is legal work carried out in connection with any transaction that creates, varies, transfers or extinguishes a legal or equitable interest in any real or personal property (for example, the sale or lease of land, sale of a business or grant of a mortgage). A full definition of conveyancing work is contained in legislation.
Note, this licence does not apply to the conduct of a conveyancing business by a person who is an Australian legal practitioner.