5‑24 Kinds of persons who are required t5‑24 Kinds of persons who are required to be fit and proper persons

5‑24 Kinds of persons who are required to be fit and proper persons

For the purposes of subsection 373(1) of the Act, the following kinds of persons are required, for the purposes of Chapter 5 of the Act (approved arrangements), to be fit and proper persons (having regard to the matters referred to in section 372 of the Act): (a) the applicant for approval of a proposed arrangement for exporter supply chain assurance operations; (b) a person who would manage or control exporter supply chain assurance operations in accordance with a proposed arrangement for those operations; (c) the holder of an approved arrangement for exporter supply chain assurance operations; (d) a person who manages or controls exporter supply chain assurance operations in accordance with an approved arrangement for those operations.

Note 1: For a person who is taken to be a person who manages or controls, or would manage or control, export operations, see section 21 of the Act.

Note 2: Section 374 of the Act (notification of conviction of offence or order to pay pecuniary penalty) applies to a person who is required to be a fit and proper person by this section.