S 186M repealed by No 118 of 2019, s 3 and Sch 1 item 9, effective 27 September 2019. S 186M formerly read:
SECTION 186M INSPECTOR-GENERAL MAY DECLARE A PERSON INELIGIBLE TO ACT AS AN ADMINISTRATOR
186M(1)
This section applies to a person if:
(a)
the person is or was the administrator of a debt agreement; and
(b)
the person is not:
(i)
a registered debt agreement administrator; or
(ii)
a registered trustee.
186M(2)
The Inspector-General may ask the person to give the Inspector-General a written explanation why the person should continue to be eligible to act as an administrator of debt agreements, if the Inspector-General has reasonable grounds to believe that the person has failed to properly carry out the duties of an administrator in relation to the debt agreement.
186M(3)
If:
(a)
the Inspector-General does not receive an explanation within 28 days of requesting it; or
(b)
receives an explanation, but is not satisfied with it;
the Inspector-General may declare that the person is ineligible, for a period of 3 years, to act as an administrator of debt agreements.
186M(4)
If the Inspector-General makes a declaration under subsection (3), the Inspector-General must give the person written notice of the declaration, and the reasons for it.
186M(5)
Guidelines.
In deciding whether to make a declaration under subsection (3), the Inspector-General must have regard to any relevant guidelines in force under section
186Q
.
186M(6)
Review.
If the Inspector-General decides to make a declaration under section (3) in relation to a person, the person may apply to the Administrative Appeals Tribunal for review of the decision.
S 186M inserted by No 44 of 2007, s 3 and Sch 1 item 19, effective 11 April 2007.
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