s. 48 48 Applications by prohibited persons for permission to engage in debt collection (1) Subject to subsection (4), a prohibited person may apply to the Authority at any time for permission to— (a) engage in debt collection; (b) be a director of a corporation that engages in debt collection; (c) manage or effectively control a corporation that engages in debt collection. (2) An application under this section must— (a) be in the form approved by the Authority; and (b) contain the information required by the Authority; and (c) be accompanied by the documents required by the Authority; and (d) be accompanied by the prescribed fee (if any). (3) In considering an application under this section, the Authority may— (a) conduct any inquiries it thinks fit; (b) require the applicant to provide any further information relating to the application that the Authority thinks fit in the manner required by the Authority; (c) seek advice and information on the application from any other person or body as it thinks fit.
48 Applications by prohibited persons for permission to engage in debt collection s. 48 (1) Subject to subsection (4), a prohibited person may apply to the Authority at any time for permission to— (a) engage in debt collection; (b) be a director of a corporation that engages in debt collection; (c) manage or effectively control a corporation that engages in debt collection. (2) An application under this section must— (a) be in the form approved by the Authority; and (b) contain the information required by the Authority; and (c) be accompanied by the documents required by the Authority; and (d) be accompanied by the prescribed fee (if any). (3) In considering an application under this section, the Authority may— (a) conduct any inquiries it thinks fit; (b) require the applicant to provide any further information relating to the application that the Authority thinks fit in the manner required by the Authority; (c) seek advice and information on the application from any other person or body as it thinks fit.
12-21a004.docx