QLDIn ForceAct
Debt Collectors (Field Agents and Collection Agents) Act 2014
sec.63Return of licence when suspended or cancelled
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sec.63 Return of licence when suspended or cancelled
A person whose licence has been suspended or cancelled must, unless the person has a reasonable excuse, return the licence to the chief executive— if the licence was suspended under section 67 —within 14 days after the agent receives an information notice about the suspension; or if the licence was cancelled under section 68 —within 14 days after the happening of an event mentioned in section 68 ; or otherwise—within 14 days after the suspension or cancellation takes effect. Maximum penalty—100 penalty units.
- (a) if the licence was suspended under section 67 —within 14 days after the agent receives an information notice about the suspension; or
- (b) if the licence was cancelled under section 68 —within 14 days after the happening of an event mentioned in section 68 ; or
- (c) otherwise—within 14 days after the suspension or cancellation takes effect.