Queensland Consolidated Acts

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DEBT COLLECTORS (FIELD AGENTS AND COLLECTION AGENTS) ACT 2014 - SECT 103

Suitability of collection agents—corporations

103 Suitability of collection agents—corporations

(1) A corporation is suitable to perform a debt collection activity as authorised under part 2, division 3 unless—
(a) the individual in charge of the corporation’s regulated business is not suitable to perform a debt collection activity under section 102 ; or
(b) an individual who is an executive officer of the corporation is not suitable to perform a debt collection activity under section 102 ; or
(c) the corporation has been convicted, in Queensland or elsewhere, within the preceding 5 years of a serious offence; or
(d) the corporation holds a licence that is suspended; or
(e) the corporation held a licence that was cancelled (the
"first licence" ); or
(f) the corporation is disqualified from holding a licence or performing a debt collection activity as authorised under part 2, division 3.
(2) Subsection (1) (e) does not apply if the corporation is issued another licence after the cancellation of the first licence and the other licence has not also been cancelled.



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