Debt Collectors (Field Agents and Collection Agents) Act 2014
sec.45Suitability of applicants and field agents—corporations
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sec.45 Suitability of applicants and field agents—corporations
A corporation is not a suitable person to hold a licence if the corporation— has been convicted, in Queensland or elsewhere, within the preceding 5 years of a serious offence; or is currently disqualified from holding a licence; or is a person the chief executive decides under section 46 is not a suitable person to hold a licence. A corporation is also not a suitable person to hold a licence if an executive officer of the corporation is not a suitable person to hold a licence under section 44 . A corporation that is not a suitable person can not hold a licence. (sec.45-ssec.1) A corporation is not a suitable person to hold a licence if the corporation— has been convicted, in Queensland or elsewhere, within the preceding 5 years of a serious offence; or is currently disqualified from holding a licence; or is a person the chief executive decides under section 46 is not a suitable person to hold a licence. (sec.45-ssec.2) A corporation is also not a suitable person to hold a licence if an executive officer of the corporation is not a suitable person to hold a licence under section 44 . (sec.45-ssec.3) A corporation that is not a suitable person can not hold a licence.
- (a) has been convicted, in Queensland or elsewhere, within the preceding 5 years of a serious offence; or
- (b) is currently disqualified from holding a licence; or
- (c) is a person the chief executive decides under section 46 is not a suitable person to hold a licence.