Debt Collectors (Field Agents and Collection Agents) Act 2014
sec.84Conditions of registration
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sec.84 Conditions of registration
The chief executive may grant registration as a subagent on the conditions the chief executive considers necessary or desirable— for the proper performance of the activities authorised by the registration; or for another purpose consistent with the achievement of the objects of this Act or the Administration Act . If the chief executive decides to grant registration as a subagent to a person who is or has been an insolvent under administration, the chief executive may grant the registration subject to a condition that the person not receive, bank or otherwise be responsible for dealing with trust account moneys. A condition may limit or prohibit the performance of an activity authorised under this Act or the Administration Act . If the chief executive decides to grant registration of an applicant as a subagent subject to a condition, the chief executive must give the applicant an information notice about the decision within 14 days after the decision is made. (sec.84-ssec.1) The chief executive may grant registration as a subagent on the conditions the chief executive considers necessary or desirable— for the proper performance of the activities authorised by the registration; or for another purpose consistent with the achievement of the objects of this Act or the Administration Act . If the chief executive decides to grant registration as a subagent to a person who is or has been an insolvent under administration, the chief executive may grant the registration subject to a condition that the person not receive, bank or otherwise be responsible for dealing with trust account moneys. (sec.84-ssec.2) A condition may limit or prohibit the performance of an activity authorised under this Act or the Administration Act . (sec.84-ssec.3) If the chief executive decides to grant registration of an applicant as a subagent subject to a condition, the chief executive must give the applicant an information notice about the decision within 14 days after the decision is made.
- (a) for the proper performance of the activities authorised by the registration; or
- (b) for another purpose consistent with the achievement of the objects of this Act or the Administration Act .