Document ID: chunk:federal_register_of_legislation:C2024C00826:section:67
Version: federal_register_of_legislation:C2024C00826
Segment Type: section
Provision Reference: s 67
Character Range: 179751–180292

67  A person cannot be a credit representative in relation to credit activities authorised by a person's licence
 (1) A person must not authorise another person to engage in a credit activity as a credit representative under subsection 64(1) or 65(1) if the other person holds a licence authorising the person to engage in the credit activity.
 (2) An authorisation:
 (a) is of no effect if it contravenes subsection (1) when it is given; and
 (b) ceases to have effect if and when it starts to contravene subsection (1) after it is given.