Loan Fund Companies Act 1976
7Inspectors
Start here
Get a plain-English read of 7
Turn the raw legal text into a practical explanation grounded in Loan Fund Companies Act 1976.
7 Inspectors
7 Inspectors
(1) The Minister may appoint inspectors for the purposes of this Act.
(2) A person appointed as an inspector under section 492 of the Co-operatives National Law (NSW) is deemed by virtue of that appointment to be an inspector appointed under subsection (1).
(3) An inspector shall be provided by the Supervisor with a certificate of the inspector’s authority as an inspector.
(4) An inspector, on exercising in any place a power conferred on the inspector by or under this Act, shall, if so requested by a person apparently in charge of that place or of any work being performed there, produce the certificate of the inspector’s authority as an inspector.
(5) Notwithstanding any other provision of this Act, neither the Supervisor nor an inspector has authority under this Act to enter a dwelling-house or other residential premises without the consent of the occupier thereof unless the business of a loan fund company or an activity connected with the operation, management, control or promotion of a loan fund scheme is carried on in that house or in those premises, as the case may be.
s 7: Am 1998 No 11, Sch 6.15 [2]; 2014 No 88, Sch 2.37.