62FPower to make banning order against unlicensed person

##### 62F Power to make banning order against unlicensed person Subject to section 62P, the Commission may make a banning order against a natural person (other than a licensee or a recognised licensee) if: (a) he or she becomes an insolvent under administration; (b) he or she is convicted of serious fraud; (c) he or she becomes incapable, through mental or physical incapacity, of managing his or her affairs; (d) he or she contravenes a securities law; (e) the Commission has reason to believe that he or she is not of good fame and character; (f) the Commission has reason to believe that he or she has not performed efficiently, honestly and fairly the duties of: (i) a representative of a dealer; or (ii) a representative of an investment adviser; or (g) the Commission has reason to believe that he or she will not perform efficiently, honestly and fairly the duties of: (i) a representative of a dealer; or (ii) a representative of an investment adviser.