(1) A person is a
"disqualified person" for the purposes of this Part if--
(a) the person is a
natural person who is under 18 years of age, or
(b) the person is an
undischarged bankrupt or is taking advantage of the laws in force for the time
being relating to bankruptcy, or
(c) the person is a corporation that is the
subject of a winding up order or for which a controller or administrator has
been appointed, unless the Secretary has made a determination under subsection
(1A), or
(d) the person has been convicted, within the last 5 years, of a
relevant offence and a sentence of imprisonment or a fine of $500 or more has
been imposed on the person following that conviction, or
(e) the person is
subject to an exclusion order that is in force against the person, or
(1A) The Secretary
may determine that a corporation is not a disqualified person for the purposes
of this Part, despite the corporation being the subject of a winding up order
or being a corporation for which a controller or administrator has been
appointed if, on the basis of information provided to the Secretary by the
corporation, the Secretary considers it is appropriate to do so.
(2) In this
Part--
"relevant offence" means any of the following offences whether occurring in
New South Wales or elsewhere--
(a) an offence involving violence, firearms,
weapons, fraud, drugs or dishonesty,
