(1) An individual or company may apply to the Inspector - General to be registered as a debt agreement administrator.
(2) The application must:
(a) be in the approved form; and
(b) be accompanied by such information and documents (if any) as are specified in the regulations; and
(c) if the application is not by way of renewal--be accompanied by the fee determined by the Minister by legislative instrument; and
(d) if the application is by way of renewal--be made before the expiry of the applicant's existing registration as a debt agreement administrator.