Registration as a Debt Agreement Administrator - Australian Government

Service summary

You will require this registration if you intend to operate as a debt agreement administrator in Australia. A debt agreement administrator is a commercial business that assists debtors with information and prepares debt agreement proposals and administers debt agreements.

If you are a registered trustee and intend to act as an administrator in your own name you will not need separate registration.

Please consult the Contact Officer for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this registration you must:

  • Have completed the mandatory qualifications detailed in the Guidelines;
  • Attach a criminal database search in the name of the company and each individual that is a director;
  • Demonstrate that you have the ability, including the knowledge, to immediately perform satisfactorily the duties of a debt agreement administrator; and
  • Comply with the obligations as set out in the legislation.

Both individuals and companies may apply.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

3 years.

Fees

 TypeDescription
ApplyApplication

$2 200

Licence

First 3 years registration: $1 300.

RenewRenewal

$1 700

Administering agency

Australian Financial Security Authority
Regulation and Enforcement

Act(s) name

Bankruptcy Act 1966 (Australian Government)

Regulation(s) name

Bankruptcy Regulations 1996 (Australian Government)

Contact details

Enquiries
Australian Financial Security Authority
Regulation and Enforcement

Mailing address:
GPO BOX 821
Canberra, Australian Capital Territory 2601

Phone:

1300364785

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.