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.
Application for Surrender of Registration as a Debt Agreement Administrator - Please consult the Contact Officer for information on forms to be submitted.
Application to Change or Remove Conditions Imposed on the Registration of a Debt Agreement Administrator - Please consult the Contact Officer for information on forms to be submitted.
Australian Financial Security Authority
Regulation and Enforcement
Bankruptcy Act 1966 (Australian Government)
Bankruptcy Regulations 1996 (Australian Government)
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
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