Queensland Consolidated Acts

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

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.