Queensland Consolidated Acts

DEBT COLLECTORS (FIELD AGENTS AND COLLECTION AGENTS) ACT 2014 - SECT 55

55 Chief executive may renew or refuse to renew licence

(1) The chief executive must consider the application for renewal and may renew or refuse to renew the licence.

(2) The chief executive may renew the licence only if the chief executive is satisfied—

(a) the field agent is a suitable person to hold a licence and, if the agent carries on a regulated business with others, each person with whom the agent carries on the business is a suitable person to hold a licence; and

(b) the field agent is eligible to hold the licence; and

(c) the application complies with section 54 .

(3) If the chief executive decides to refuse the application, the chief executive must give the field agent an information notice about the decision within 14 days after the decision is made.