Western Australian Consolidated Acts

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FINANCE BROKERS CONTROL ACT 1975 - SECT 35A

35A .         Prescribed person exempt from bond requirements

        (1)         Despite section 35, the regulations may exempt from the requirement to lodge a bond or guarantee —

            (a)         any person or class of persons;

            (b)         persons carrying on any business or any specified class of business; or

            (c)         any other class of person, act or thing.

        (2)         An exemption may be expressed to apply —

            (a)         generally; or

            (b)         only in respect of a specified area or areas in the State.

        (3)         The regulations may provide —

            (a)         for circumstances in which, and conditions subject to which, an exemption is to apply; and

            (b)         that an exemption is to have no effect at any time when any condition to which it is subject is not being observed.

        [Section 35A inserted by No. 53 of 2004 s. 28.]

[ 36, 37, 38.         Deleted by No. 14 of 2010 s. 51.]

[ 39.         Deleted by No. 53 of 2004 s. 32.]



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