An individual is suitable to perform a debt collection activity as authorised under part 2, division 3 unless the individual—
(a) is under 18 years; or
(b) is an insolvent under administration; or
(c) has been convicted, in Queensland or elsewhere, within the preceding 5 years of a serious offence; or
(d) holds a licence, or a registration certificate for registration as a subagent, that is suspended; or
(e) is disqualified from—(i) holding a licence; or(ii) being registered as a subagent; or(iii) performing a debt collection activity as authorised under part 2, division 3.