Queensland Consolidated Acts

AGENTS FINANCIAL ADMINISTRATION ACT 2014 - SECT 145

145 Power of court

(1) A court may, in addition to any other penalty it may impose, order that a licensee’s licence be suspended for a stated period or cancelled if the licensee has been convicted of an offence against this Act.

(2) Subsection (3) applies if the court orders that an agent’s licence be cancelled and the agent is an individual.

(3) The court must also order that the agent is disqualified for a stated period or permanently from either or both of the following—

(a) holding a licence under an Agents Act;

(b) performing a debt collection activity as authorised under the Debt Collectors (Field Agents and Collection Agents) Act 2014 , section 19 , in the carrying on of a business, either alone or with others.

(4) The court may also order that a person convicted of an offence against this Act be disqualified from holding a licence under an Agents Act for a stated period or permanently.

(5) The court may make an order under subsection (1) or (4) —

(a) on the chief executive’s application; or

(b) on its own initiative.

(6) If an order is made by a court under this section on the court’s own initiative, the court must cause a copy of the order to be given to the chief executive.