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DEBT COLLECTORS (FIELD AGENTS AND COLLECTION AGENTS) ACT 2014 - SECT 6
Administrators etc.
6 Administrators etc.
(1) This section applies to the following persons (each an
"appointee" )— (a) a person appointed under the Corporations Act as an
administrator of a corporation that is or was authorised under a
relevant authorisation to perform a regulated activity;
(b) a person
appointed under the Corporations Act as an administrator of a deed of company
arrangement for a corporation that is or was authorised under a
relevant authorisation to perform a regulated activity;
(c) a person
appointed under the Corporations Act as a liquidator, or controller of
property, of a corporation that is or was authorised under a
relevant authorisation to perform a regulated activity;
(d) a person
appointed under the Administration Act as a receiver in relation to a person
that is or was authorised under a relevant authorisation to perform a
regulated activity;
(e) a person appointed as the trustee in bankruptcy for
an individual who is or was authorised under a relevant authorisation to
perform a regulated activity;
(f) an Official Receiver under the
Bankruptcy Act 1966 (Cwlth) exercising powers or performing functions under
that Act in relation to an individual who is or was authorised under a
relevant authorisation to perform a regulated activity.
(2) The appointee is
exempt from the prescribed provisions while performing the regulated activity
in relation to any business that is or was authorised to be carried on under
the relevant authorisation, in accordance with— (a) if the
relevant authorisation is in force—any conditions applying to the
authorisation; or
(b) if the relevant authorisation is not in force—any
conditions applying to the authorisation when it stopped being in force.
(3)
However, if the appointee is appointed for a corporation that is or was
authorised under a licence to perform a regulated activity, the appointee may
only perform the activity if— (a) if there is a field agent in charge of the
corporation’s regulated business—the activity may be performed by the
agent; or
(b) if there is not a field agent in charge of the corporation’s
regulated business—the activity may have been performed by the last
field agent in charge of the corporation’s regulated business.
(4) In this
section—
"person appointed as the trustee in bankruptcy" , for an individual, means—
(a) the Official Trustee under the Bankruptcy Act 1966 (Cwlth) if the Official
Trustee is the trustee of the estate of the individual; or
(b) a person
appointed under the Bankruptcy Act 1966 (Cwlth) as the trustee of the estate
of the individual.
"prescribed provisions" means sections 21 , 23 , 25 , 28 and 30 .
"relevant authorisation" means either of the following— (a) a licence;
(b)
an authorisation under part 2 , division 3 .
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