Under which condition is an undercover agent exempt from registration with the board?

An undercover agent is exempt from registration with the board when they are employed by a licensed holder exclusively as an undercover agent. This condition reflects the nature of undercover work, which is often specialized and requires agents to operate discreetly in settings where their true identity as security personnel needs to be concealed to effectively perform their duties. By being employed exclusively in this capacity, these agents are considered to be acting under the direct oversight of a licensed entity, thus allowing them to bypass the registration that typically applies to others in the security field.

The other conditions mentioned do not fulfill the specific criteria required for exemption. For example, working part-time does not relate to the need for registration; the nature of the employment, rather than the number of hours worked, is what matters. Holding a certification from a recognized training program might enhance the agent's qualifications, but it does not provide an exemption under the board’s regulations. Similarly, operating without supervision does not align with the requirement of being under a licensed holder's employment, as it implies a lack of proper oversight and authority typically essential for security-related activities. Therefore, the exclusive employment aspect is the key factor that justifies the exemption.