Queensland Consolidated Acts

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DEBT COLLECTORS (FIELD AGENTS AND COLLECTION AGENTS) ACT 2014 - SECT 43

Particular persons can not make application

43 Particular persons can not make application

(1) A person who is disqualified from holding a licence can not make an application for a licence during the period for which the person is disqualified.
(2) A corporation that was the holder of a licence that was cancelled can not make an application for a licence unless the corporation satisfies the chief executive that, because of a genuine sale—
(a) no person who was a shareholder of, or held a beneficial interest in, the corporation when the licence was cancelled is a shareholder of, or holds a beneficial interest in, the applicant corporation; and
(b) no person who was in a position to control or influence the affairs of the corporation when the licence was cancelled is in a position to control or influence the affairs of the applicant corporation.
(3) A person who made an application for a licence that was refused can not make another application for a licence—
(a) for 3 months after the day the chief executive gave the person an information notice about the refusal; or
(b) if the applicant applies to QCAT to review the chief executive’s decision and the decision is confirmed, for 3 months after the day the decision is confirmed.
(4) Subsection (3) does not apply if—
(a) the applicant is a corporation; and
(b) the applicant satisfies the chief executive that, because of a genuine sale—
(i) no person who was a shareholder of, or held a beneficial interest in, the corporation when the refused application was made is a shareholder of, or holds a beneficial interest in, the applicant corporation; and
(ii) no person who was in a position to control or influence the affairs of the corporation when the refused application was made is in a position to control or influence the affairs of the applicant corporation.



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