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DEBT COLLECTORS (FIELD AGENTS AND COLLECTION AGENTS) ACT 2014 - SECT 53
Conditions of licence
53 Conditions of licence
(1) The chief executive may issue a licence on the conditions the chief
executive considers necessary or desirable for the proper performance of the
activities authorised by the licence.
(2) Without limiting subsection (1) , a
condition may— (a) limit or prohibit the performance of an activity
authorised under this Act or the Administration Act ; or
(b) require the
holder of the licence to hold insurance of a kind and in an amount prescribed
under a regulation.
(3) If the chief executive decides to issue a licence on
condition, the chief executive must give the applicant an information notice
about the decision within 14 days after the decision is made.
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