Debt Collectors (Field Agents and Collection Agents) Act 2014
sec.70Chief executive may appoint or refuse to appoint substitute
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sec.70 Chief executive may appoint or refuse to appoint substitute
The chief executive may appoint or refuse to appoint a nominated person mentioned in section 69 (4) as a field agent’s substitute. The chief executive may appoint the nominated person only if the chief executive is satisfied that the person— is, under division 3 , a suitable person to hold a licence; and if a condition of the field agent’s licence requires the agent to hold insurance—is covered by the insurance or holds insurance that complies with the requirements of the condition. An appointment under this section may be made subject to the conditions the chief executive considers appropriate. The chief executive must give written notice of the appointment to the field agent and the substitute. If the chief executive decides to refuse the application or to impose conditions on the appointment, the chief executive must give the field agent an information notice about the decision within 14 days after the decision is made. (sec.70-ssec.1) The chief executive may appoint or refuse to appoint a nominated person mentioned in section 69 (4) as a field agent’s substitute. (sec.70-ssec.2) The chief executive may appoint the nominated person only if the chief executive is satisfied that the person— is, under division 3 , a suitable person to hold a licence; and if a condition of the field agent’s licence requires the agent to hold insurance—is covered by the insurance or holds insurance that complies with the requirements of the condition. (sec.70-ssec.3) An appointment under this section may be made subject to the conditions the chief executive considers appropriate. (sec.70-ssec.4) The chief executive must give written notice of the appointment to the field agent and the substitute. (sec.70-ssec.5) If the chief executive decides to refuse the application or to impose conditions on the appointment, the chief executive must give the field agent an information notice about the decision within 14 days after the decision is made.
- (a) is, under division 3 , a suitable person to hold a licence; and
- (b) if a condition of the field agent’s licence requires the agent to hold insurance—is covered by the insurance or holds insurance that complies with the requirements of the condition.