7Who is a fit and proper person to hold motor vehicle trader licence

7 Who is a fit and proper person to hold motor vehicle trader licence

(1)  A person is not a fit and proper person to hold a motor vehicle trader licence if –

(a) in the case of –

(i) an individual, the individual has not attained 18 years of age; or

(ii) a body corporate, the chief executive officer of the body corporate has not attained 18 years of age; or

(b) the person, within the immediately preceding 5 years –

(i) has been convicted of an offence involving theft, fraud or other dishonesty that is punishable by a term of imprisonment of 3 years or more; or

(ii) has completed serving a term of imprisonment for such an offence; or

(c) the person is subject to a restriction order under the Sentencing Act 1997 or the Criminal Justice (Mental Impairment) Act 1999 or a similar order made under the law of another jurisdiction in Australia or elsewhere; or

(d) the person –

(i) is a represented person within the meaning of the Guardianship and Administration Act 1995 ; or

(ii) is the subject of an order or other determination made under the law of another jurisdiction in Australia or elsewhere that is similar in effect to an order under section 20 , 51 or 65 of the Guardianship and Administration Act 1995 ; or

(e) the person –

(i) is bankrupt, has applied to take the benefit of any law for the relief of bankrupt or insolvent debtors, has compounded with creditors or made an assignment of remuneration or estate for the benefit of creditors; or

(ii) is an externally administered body corporate within the meaning of the Corporations Act; or