Commonwealth Consolidated Acts

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Surrender of registration as a debt agreement administrator

             (1)  This section applies to a person if the person is a registered debt agreement administrator.

             (2)  The person may, by written notice given to the Inspector-General, request the Inspector-General to accept the surrender of the person's registration as a debt agreement administrator.

             (3)  A request under subsection (2) must be in the approved form.

             (4)  The person ceases to be registered as a debt agreement administrator when the Inspector-General accepts the request.

             (5)  If the Inspector-General accepts a request given under subsection (2), the Inspector-General must remove the person's registration details from the National Personal Insolvency Index.

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