Financial Sector Reform (Hayne Royal Commission Response - Stronger Regulators (2019 Measures)) Act 2020 (3 of 2020)

Schedule 3   Licensing and false or misleading documents

Part 2   Australian credit licences

National Consumer Credit Protection Act 2009

34   Paragraphs 37(1)(c) and (d)

Repeal the paragraphs, substitute:

(c) the requirement in section 37A (fit and proper person test) is satisfied in relation to the applicant and the licence applied for; and