Consumer Credit Act 2025 · Updated to 31 Dec 2025 · Part V · Licensing and Registration
60. Grounds for refusal of registration
Feedback & supportThe Commission may refuse the application for a registration on any of the following grounds:
Commission
“Commission” means the Consumer Credit Commission established under section 6;
the application was not made in accordance with this Act;
the applicant has failed to comply with any regulations or standards or guidelines or other requirements under this Act;
the applicant has failed to satisfy the Commission that the applicant, its controller, its directors and its senior management, are fit and proper;
any document or information that is furnished by the applicant to the Commission is false or misleading or from which there is a material omission; or
the Commission is of the opinion that it would be contrary to the interests of the public to register the applicant.
Where the Commission refuses an application under subsection (1)—
the Commission shall notify the applicant in writing of the refusal;
the refusal shall not affect the right of the applicant to make a fresh application after a period as may be specified by the Commission; and
there shall be no refund of the fee paid by the applicant.