(1) This section applies if:
(a) the Inspector-General approves an application under section 186C; and
(b) the applicant has paid the fee determined by the Minister by legislative instrument.
(2) The Inspector-General must register the applicant as a debt agreement administrator by entering on the National Personal Insolvency Index the details relating to the applicant that are prescribed by the regulations.
(3) After registering the applicant as a debt agreement administrator, the Inspector-General must give the applicant a certificate of registration.