National Consumer Credit Protection Act 2009
57Varying licences
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57 Varying licences
Subdivision C—Miscellaneous rules about suspensions, cancellations and variations
58 Effect of suspension
59 Revocation of suspension
60 Date of effect, notice and publication of variation, cancellation or suspension etc.
61 Statement of reasons
62 ASIC may allow licence to continue in force
Part 2‑3—Credit representatives and other representatives of licensees
63 Guide to this Part
Division 2—Authorisation of credit representatives
64 Licensee may authorise credit representatives
65 Credit representative that is a body corporate may sub‑authorise natural persons as credit representatives
66 Credit representative of 2 or more licensees
67 A person cannot be a credit representative in relation to credit activities authorised by a person’s licence
68 Variation and revocation of authorisations and sub‑authorisations
69 Obligation not to give authorisation that has no effect
70 Obligation to vary or revoke authorisation that ceases to have effect
71 Obligation to notify ASIC etc. about credit representatives
72 Credit representative numbers
Division 3—Information about representatives
73 ASIC may give licensee information about representatives
Division 4—Liability of licensees for representatives
74 Application of this Division
75 Responsibility if representative of only one licensee
76 Representatives of multiple licensees
77 Responsibility extends to loss or damage suffered by client
78 Effect of this Division
Part 2‑4—Banning or disqualification of persons from engaging in credit activities
79 Guide to this Part
Division 2—Banning orders
80 ASIC’s power to make a banning order
81 What a banning order prohibits
82 Effect of banning orders
83 Variation or cancellation of banning orders
84 Date of effect, notice and publication of banning order, variation or cancellation
85 Statement of reasons
Division 3—Disqualification by the court
86 Disqualification by the court
Part 2‑5—Financial records, trust accounts and audit reports
87 Guide to this Part
Division 2—Financial records of licensees
88 Obligation to keep financial records
89 How financial records are to be kept