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.
A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.
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.
First 3 years registration: $1 300.
Australian Financial Security Authority
Regulation and Enforcement
Bankruptcy Act 1966 (Australian Government)
Bankruptcy Regulations 1996 (Australian Government)
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