sec.104Investigations about suitability of particular persons

sec.104 Investigations about suitability of particular persons

This section applies for each of the following persons— an applicant for— the issue, renewal or restoration of a licence; or the grant, renewal or restoration of registration as a subagent; a debt collector; a subagent; a person asking the chief executive to reactivate the person’s deactivated licence; a nominated person mentioned in section 69 (4) . The chief executive may make investigations to help the chief executive decide whether the person is— a suitable person to hold a licence; or a suitable person for registration as a subagent; or suitable to perform a debt collection activity as authorised under part 2 , division 3 ; or a suitable person to open a trust account under the Administration Act , part 2 . For the purpose of investigating a person under subsection (2) , the chief executive may also investigate either or both of the following persons— if the person is a corporation—the corporation’s executive officers; a business associate of the person. (sec.104-ssec.1) This section applies for each of the following persons— an applicant for— the issue, renewal or restoration of a licence; or the grant, renewal or restoration of registration as a subagent; a debt collector; a subagent; a person asking the chief executive to reactivate the person’s deactivated licence; a nominated person mentioned in section 69 (4) . (sec.104-ssec.2) The chief executive may make investigations to help the chief executive decide whether the person is— a suitable person to hold a licence; or a suitable person for registration as a subagent; or suitable to perform a debt collection activity as authorised under part 2 , division 3 ; or a suitable person to open a trust account under the Administration Act , part 2 . (sec.104-ssec.3) For the purpose of investigating a person under subsection (2) , the chief executive may also investigate either or both of the following persons— if the person is a corporation—the corporation’s executive officers; a business associate of the person.

• (a) an applicant for— (i) the issue, renewal or restoration of a licence; or (ii) the grant, renewal or restoration of registration as a subagent;
• (i) the issue, renewal or restoration of a licence; or
• (ii) the grant, renewal or restoration of registration as a subagent;
• (b) a debt collector;
• (c) a subagent;
• (d) a person asking the chief executive to reactivate the person’s deactivated licence;
• (e) a nominated person mentioned in section 69 (4) .
• (i) the issue, renewal or restoration of a licence; or
• (ii) the grant, renewal or restoration of registration as a subagent;
• (a) a suitable person to hold a licence; or
• (b) a suitable person for registration as a subagent; or