(c) the body corporate had taken reasonable precautions and exercised due diligence in relation to appointing the natural person as director or giving the natural person management or effective control of the body corporate to ensure that the natural person was not a person referred to in subsection (1)(a). 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;
(c) the body corporate had taken reasonable precautions and exercised due diligence in relation to appointing the natural person as director or giving the natural person management or effective control of the body corporate to ensure that the natural person was not a person referred to in subsection (1)(a). 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;
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