Queensland Consolidated Acts(1) A person is not a suitable person to hold a licence if the person, or an associate of the person—
(a) is an individual under 18 years; or
(b) is an insolvent under administration; or
(c) has been convicted of a disqualifying offence within the last 5 years; or
(d) is a corporation that is an externally-administered body corporate.
(2) A person who is not a suitable person may not hold a licence.
(3) In this section—
externally-administered body corporate has the meaning given by the Corporations Act, section 9.
insolvent under administration has the meaning given by the Corporations Act, section 9.