Debt Collectors (Field Agents and Collection Agents) Act 2014
sec.75Replacement licences
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sec.75 Replacement licences
A field agent may apply to the chief executive for the replacement of a lost, stolen, destroyed or damaged licence. The application must be made in the approved form. The chief executive must grant the application if the chief executive is satisfied the licence has been lost, stolen, destroyed or damaged in a way to require its replacement. If the chief executive grants the application, the chief executive must issue another licence to the field agent to replace the lost, stolen, destroyed or damaged licence. The chief executive may also replace a licence if— either— the holder of the licence has given written notice to the chief executive of a prescribed change under section 29 ; or the chief executive reasonably believes a prescribed change for the holder of the licence has happened; and the chief executive is satisfied that the prescribed change requires a replacement of the licence. If the chief executive replaces a licence under this section— the licence continues to be subject to the same conditions and term that the licence was subject to before being replaced; and the holder of the licence must pay the chief executive the fee prescribed under a regulation. In this section— prescribed change see section 29 (2) . (sec.75-ssec.1) A field agent may apply to the chief executive for the replacement of a lost, stolen, destroyed or damaged licence. (sec.75-ssec.2) The application must be made in the approved form. (sec.75-ssec.3) The chief executive must grant the application if the chief executive is satisfied the licence has been lost, stolen, destroyed or damaged in a way to require its replacement. (sec.75-ssec.4) If the chief executive grants the application, the chief executive must issue another licence to the field agent to replace the lost, stolen, destroyed or damaged licence. (sec.75-ssec.5) The chief executive may also replace a licence if— either— the holder of the licence has given written notice to the chief executive of a prescribed change under section 29 ; or the chief executive reasonably believes a prescribed change for the holder of the licence has happened; and the chief executive is satisfied that the prescribed change requires a replacement of the licence. (sec.75-ssec.6) If the chief executive replaces a licence under this section— the licence continues to be subject to the same conditions and term that the licence was subject to before being replaced; and the holder of the licence must pay the chief executive the fee prescribed under a regulation. (sec.75-ssec.7) In this section— prescribed change see section 29 (2) .
- (a) either— (i) the holder of the licence has given written notice to the chief executive of a prescribed change under section 29 ; or (ii) the chief executive reasonably believes a prescribed change for the holder of the licence has happened; and
- (i) the holder of the licence has given written notice to the chief executive of a prescribed change under section 29 ; or