Australian Capital Territory Repealed Acts

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This legislation has been repealed.

CONSUMER CREDIT (ADMINISTRATION) ACT 1996 (REPEALED) - SECT 51

Grounds for occupational discipline

Each of the following is a ground for occupational discipline in relation to a finance broker:

        (a)     the finance broker has exercised the functions of a finance broker inefficiently, dishonestly or unfairly;

        (b)     the finance broker has provided false or misleading information to the commissioner in relation to an application for registration under this Act;

        (c)     the finance broker has contravened, or is contravening—

              (i)     the consumer credit legislation; or

              (ii)     an occupation discipline order; or

              (iii)     an undertaking under section 105;

        (d)     the finance broker has exercised the functions of a finance broker while the finance broker's registration was suspended or cancelled, or while the finance broker was disqualified;

        (e)     if the finance broker was licensed at any time under the Credit Act 1985

              (i)     the finance broker provided false or misleading information in relation to an application for the licence; or

              (ii)     the finance broker breached a condition to which the licence was subject.    



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