Western Australian Consolidated Acts Western Australian Consolidated Acts (1) A person shall not
hold more than one licence and shall not carry on more than one business as a
finance broker thereunder.
Penalty: $50 000.
(2) A licence is not
transferable.
(3) A licensee shall
not in any way permit, or hold himself out as being willing to permit, another
person to use the licence of the licensee.
Penalty: $50 000.
[Section 40 amended by No. 56 of 1995
s. 23; No. 53 of 2004 s. 33.]