2. The following persons are not subject to this Act, unless they use a title the use of which is restricted:(1) advocates and notaries who, in the course of their practice, engage in a transaction mentioned in section 1;
(2) liquidators, sequestrators, trustees in bankruptcy, sheriffs and bailiffs who, in the performance of their duties, engage in a transaction mentioned in section 1;
(3) tutors, curators, liquidators of a succession, trustees and fiduciaries who, in the performance of their duties, engage in a transaction mentioned in section 1;
(4) forest engineers, with regard to a transaction mentioned in section 1 relating to forest property or timber limits;
(5) authorized members of a professional order of accountants mentioned in Schedule I to the Professional Code (chapter C-26), with regard to a loan secured by hypothec or to the purchase or sale of an enterprise, promises of purchase or sale of an enterprise or the purchase or sale of such promises;
(6) chartered administrators, with regard to immovable property managed by them, when leasing such property or engaging in a transaction relating to a loan secured by hypothec;
(7) provisional administrators appointed under the Act respecting insurance (chapter A-32), the Act respecting financial services cooperatives (chapter C-67.3), the Act respecting trust companies and savings companies (chapter S-29.01) or the Securities Act (chapter V-1.1) who, in the performance of their duties, engage in a transaction mentioned in section 1;
(8) trust companies with regard to immovable property held or managed by them for others;
(9) banks, savings and credit unions, insurance companies, mutual insurance associations, mutual benefit associations, savings companies and trust companies with regard to loans secured by a hypothec in their own names or their client’s name;
(10) any employee who, in the course of his principal occupation, engages in a transaction mentioned in section 1 on behalf of his employer when the latter is not a broker.