18BDetermination of disciplinary measures by Tribunal

18B Determination of disciplinary measures by Tribunal

(1) After conducting an inquiry, if the Tribunal is satisfied that there are grounds for taking action under this section against a person who is a registered second-hand dealer or an endorsed pawnbroker, the Tribunal may do one or more of the following—

(a) reprimand the person;

S. 18B(1)(b) amended by No. 10/2004 s. 15(Sch. 1 item 26.5).

(b) order the person to pay into the Consolidated Fund a penalty not exceeding an amount that is 50 times the value of a penalty unit fixed by the Treasurer under section 5(3) of the Monetary Units Act 2004;

(c) require the person to comply within, or for, a specified time with a requirement specified by the Tribunal;

(d) suspend for a specified period not exceeding 1 year—

(i) the registration of the person; or

(ii) the endorsement of the person;

(e) require the person to enter into an undertaking to perform, or not to perform, certain tasks to be specified in the undertaking;

(f) impose a condition on the registration or endorsement of the person;

(g) if the ground for taking action under this section involved one or more people losing money, order the person to pay compensation to one or more of those people, but not so that the total amount the person must pay under this paragraph is more than $5000.

(2) As an alternative to taking action under one or more of subsections (1)(a), (b), (c), (d) and (f), the Tribunal may—

(a) cancel the registration of the registered second-hand dealer or endorsed pawnbroker; or

(b) cancel the endorsement of the endorsed pawnbroker—

and disqualify the second-hand dealer or pawnbroker (and any partner or director of the second-hand dealer or pawnbroker) from being registered or endorsed, as the case may be, either permanently or for a specified period.

(3) If the Tribunal orders the payment of an amount under subsection (1)(b) or (g)—

(a) it may order that the amount be paid by a specified date; and

(b) if the amount is not paid by that date, it may suspend the registration or the endorsement, as the case may be, until the amount is paid and set a final payment date; and

(c) if the amount has not been paid by that final payment date, it may cancel the registration or the endorsement, as the case may be; and

(d) it may extend any period of time it sets under paragraph (a) or (b) at any time.

(4) The Tribunal may suspend or cancel—

(a) the registration of a second-hand dealer or pawnbroker; or