Queensland Consolidated Acts

DEBT COLLECTORS (FIELD AGENTS AND COLLECTION AGENTS) ACT 2014 - SECT 135

135 Offence to sell, lend or hire out licence etc.

(1) A field agent must not—

(a) sell, lend or hire out the agent’s licence to someone else; or

(b) notify or advertise that a licence is available for sale, loan or hire to someone else; or

(c) permit or allow someone else to hold out that the person is the holder of the licence issued to the agent.

Penalty—

Maximum penalty—200 penalty units or 2 years imprisonment.

(2) A person must not buy, borrow or hire a field agent’s licence.

Penalty—

Maximum penalty—200 penalty units or 2 years imprisonment.

(3) If a person who is not the holder of a licence or the holder’s substitute has the effective or apparent management or control of a field agent’s regulated business, the agent is taken to have lent, and the person is taken to have borrowed, the agent’s licence.