Debt Collectors (Field Agents and Collection Agents) Act 2014
sec.34Employment of persons in regulated business
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sec.34 Employment of persons in regulated business
A principal field agent must not employ a person to perform regulated activities for the agent as a subagent if the agent knows, or ought to know, the person does not hold a registration certificate. Maximum penalty—200 penalty units. A principal field agent who is an individual must not employ himself or herself, or another individual with whom the agent carries on business as a field agent, to perform regulated activities for the agent as a subagent. Maximum penalty—200 penalty units. A principal field agent that is a corporation must not employ an executive officer of the corporation to perform regulated activities for the agent as a subagent. Maximum penalty— for an individual guilty of the offence under the Criminal Code , chapter 2 —200 penalty units; or for a corporation—1000 penalty units. (sec.34-ssec.1) A principal field agent must not employ a person to perform regulated activities for the agent as a subagent if the agent knows, or ought to know, the person does not hold a registration certificate. Maximum penalty—200 penalty units. (sec.34-ssec.2) A principal field agent who is an individual must not employ himself or herself, or another individual with whom the agent carries on business as a field agent, to perform regulated activities for the agent as a subagent. Maximum penalty—200 penalty units. (sec.34-ssec.3) A principal field agent that is a corporation must not employ an executive officer of the corporation to perform regulated activities for the agent as a subagent. Maximum penalty— for an individual guilty of the offence under the Criminal Code , chapter 2 —200 penalty units; or for a corporation—1000 penalty units.
- (a) for an individual guilty of the offence under the Criminal Code , chapter 2 —200 penalty units; or
- (b) for a corporation—1000 penalty units.