60DFit and proper person

#### 60D Fit and proper person 60D Fit and proper person > > (1) A person may hold a commercial agent licence only if the person is a fit and proper person to hold the licence. > > > (2) A person is not a fit and proper person to hold a commercial agent licence if— > > > > > (a) the person is a disqualified person, or > > > > > (b) the Secretary makes a finding that the person is not a fit and proper person to hold a licence. > > > (3) The Secretary may determine that a person is not a fit and proper person to hold a commercial agent licence on such grounds as the Secretary sees fit, including, but not limited to, the following grounds— > > > > > (a) the person has been authorised to carry out a commercial agent activity under a licence (however described) of another State or Territory and that licence— > > > > > > > (i) is suspended, or > > > > > > > (ii) has, within the previous 5 years, been cancelled and the person has not held a licence since the cancellation, > > > > > (b) the person has been authorised to carry out an activity under another Act administered by the Minister and that authorisation— > > > > > > > (i) is suspended, or > > > > > > > (ii) has, within the previous 5 years, been cancelled and the person has not held an authorisation since the cancellation, > > > > > (c) the person has, within the previous 10 years, been convicted of a relevant offence, > > > > > (d) any ground prescribed by the regulations. > > > (4) A corporation is not a fit and proper person to hold a commercial agent licence unless the corporation and each officer of the corporation is a fit and proper person to hold the licence. > > > (5) A partner in a firm is not a fit and proper person to hold a commercial agent licence unless the partner and each other partner in the firm is a fit and proper person to hold a licence. > > **s 60D:** Ins 2016 No 52, Sch 1\[1\]. Am 2024 No 53, Sch 1.6\[4\].