Debt Collectors (Field Agents and Collection Agents) Act 2014
sec.136Offence to sell, lend or hire out registration certificate etc.
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sec.136 Offence to sell, lend or hire out registration certificate etc.
A subagent must not— sell, lend or hire out the subagent’s registration certificate to someone else; or notify or advertise that a registration certificate is available for sale, loan or hire to someone else; or permit or allow someone else to hold out that the person is the holder of the registration certificate issued to the subagent. Maximum penalty—200 penalty units or 2 years imprisonment. A person must not buy, borrow or hire a subagent’s registration certificate. Maximum penalty—200 penalty units or 2 years imprisonment. (sec.136-ssec.1) A subagent must not— sell, lend or hire out the subagent’s registration certificate to someone else; or notify or advertise that a registration certificate is available for sale, loan or hire to someone else; or permit or allow someone else to hold out that the person is the holder of the registration certificate issued to the subagent. Maximum penalty—200 penalty units or 2 years imprisonment. (sec.136-ssec.2) A person must not buy, borrow or hire a subagent’s registration certificate. Maximum penalty—200 penalty units or 2 years imprisonment.
- (a) sell, lend or hire out the subagent’s registration certificate to someone else; or
- (b) notify or advertise that a registration certificate is available for sale, loan or hire to someone else; or
- (c) permit or allow someone else to hold out that the person is the holder of the registration certificate issued to the subagent.