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DEBT COLLECTORS (FIELD AGENTS AND COLLECTION AGENTS) ACT 2014 - SECT 135
Offence to sell, lend or hire out licence etc.
135 Offence to sell, lend or hire out licence etc.
(1) A field agent must not— (a) sell, lend or hire out the agent’s licence
to someone else; or
(b) notify or advertise that a licence is available for
sale, loan or hire to someone else; or
(c) permit or allow someone else to
hold out that the person is the holder of the licence issued to the agent.
Penalty— Maximum penalty—200 penalty units or 2 years imprisonment.
(2) A person must not buy, borrow or hire a field agent’s licence.
Penalty— Maximum penalty—200 penalty units or 2 years imprisonment.
(3) If a person who is not the holder of a licence or the holder’s
substitute has the effective or apparent management or control of a
field agent’s regulated business, the agent is taken to have lent, and the
person is taken to have borrowed, the agent’s licence.
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