sec.8Objects

sec.8 Objects

The objects of this Act are— to provide a system for the regulation of the activities and conduct of debt collectors and subagents that achieves an appropriate balance between— the need to regulate for the protection of consumers; and the need to promote freedom of enterprise in the market place; and to provide a way of protecting consumers against particular undesirable practices associated with a regulated activity. The objects are to be achieved mainly by— ensuring— only suitable persons are authorised to engage in regulated activities; and persons who carry on a regulated business or are in charge of a regulated business maintain supervision of the way the business is carried on; and providing— protection for consumers in their dealings with persons regulated under this Act; and a legislative framework within which persons performing particular activities may lawfully operate; and regulating fees and commissions that can be charged for particular transactions; and providing increased flexibility in enforcement measures through injunctions and undertakings; and promoting administrative efficiency by providing that— responsibility for licensing rests with the chief executive; and responsibility for reviewing particular decisions of the chief executive rests with QCAT; and responsibility for disciplining field agents and subagents, and dealing with collection agents in a similar way, rests with QCAT. (sec.8-ssec.1) The objects of this Act are— to provide a system for the regulation of the activities and conduct of debt collectors and subagents that achieves an appropriate balance between— the need to regulate for the protection of consumers; and the need to promote freedom of enterprise in the market place; and to provide a way of protecting consumers against particular undesirable practices associated with a regulated activity. (sec.8-ssec.2) The objects are to be achieved mainly by— ensuring— only suitable persons are authorised to engage in regulated activities; and persons who carry on a regulated business or are in charge of a regulated business maintain supervision of the way the business is carried on; and providing— protection for consumers in their dealings with persons regulated under this Act; and a legislative framework within which persons performing particular activities may lawfully operate; and regulating fees and commissions that can be charged for particular transactions; and providing increased flexibility in enforcement measures through injunctions and undertakings; and promoting administrative efficiency by providing that— responsibility for licensing rests with the chief executive; and responsibility for reviewing particular decisions of the chief executive rests with QCAT; and responsibility for disciplining field agents and subagents, and dealing with collection agents in a similar way, rests with QCAT.

• (a) to provide a system for the regulation of the activities and conduct of debt collectors and subagents that achieves an appropriate balance between— (i) the need to regulate for the protection of consumers; and (ii) the need to promote freedom of enterprise in the market place; and