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NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 67 A person cannot be a credit representative in relation to credit activities authorised by a person's licence

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 67

A person cannot be a credit representative in relation to credit activities authorised by a person's licence

  (1)   A person must not authorise another person to engage in a credit activity as a credit representative under subsection   64(1) or 65(1) if the other person holds a licence authorising the person to engage in the credit activity.

  (2)   An authorisation:

  (a)   is of no effect if it contravenes subsection   (1) when it is given; and

  (b)   ceases to have effect if and when it starts to contravene subsection   (1) after it is given.

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