Property Developers Act 2024
42Application to disqualify person from applying for licence
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42 Application to disqualify person from applying for licence (1) This section applies if the registrar suspends or cancels a licence under division 4.2 (Regulatory action). (2) On application by the registrar, the ACAT may make the following orders: (a) if the registrar has suspended the person’s licence— (i) an order cancelling the licence; and (ii) an order disqualifying the person from applying for a licence— (A) for a stated period of not more than 5 years; or (B) until a stated event happens; (b) if the registrar has cancelled the person’s licence—an order disqualifying the person from applying for a licence— (i) for a stated period of not more than 5 years; or
Miscellaneous Division 4.5 (ii) until a stated event happens; (c) an order requiring the person to pay the Territory a stated amount of not more than $200 000; (d) any other order the ACAT considers appropriate. (3) Before making an order under subsection (2), the ACAT must consider any matter prescribed by regulation. (4) If the ACAT makes an order under subsection (2) (c), the amount may be recovered as a debt payable to the Territory. Note An amount owing under a law may be recovered as a debt in a court of competent jurisdiction or the ACAT (see Legislation Act, s 177). Division 4.5 Miscellaneous