Queensland Consolidated Acts
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SECOND-HAND DEALERS AND PAWNBROKERS ACT 2003 - SECT 5
Meaning of associate and effective control
(1) An
"associate" of an applicant for a licence or a licensee is a person who is not
the applicant or licensee but is, or would be if the licence were granted,
renewed or restored, in effective control of the applicant’s or licensee’s
business at a place.
(2) A person who is in
"effective control" of a business, includes a person who— (a) is regularly
or usually in charge of the business; or
(b) regularly directs staff of the
business in their duties; or
(c) is in a position to control or influence the
business in a substantial way.
(3) If an applicant for a licence or a
licensee is a corporation, each executive officer of the corporation is taken
to be an
"associate" of the applicant or licensee.
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