- Get free trial for practice areas as below
- Business
- Consumer
- Corporations
- Criminal
- Employment
- Family
- General Counsel
- Governance
- Immigration
- Intellectual Property
- Personal Injury NSW
- Personal Injury Qld
- Personal Injury Vic
- Personal Property Security
- Property
- Succession
- Work Health & Safety
- Tax
- Mergers & Acquisitions
- Banking & Finance
- Social Justice
- Cybersecurity, Data Protection & Privacy
- Insolvency
- Competition
- Consumer credit
- Australian credit licence
Licence applications and variations
To obtain an ACL, a prospective licensee must apply to ASIC and supply supporting documentation. Applying for an ACL can be done online.
Licence applications require information supporting the application including a statement of personal information about each of the proposed “fit and proper people” as well as national criminal history checks and bankruptcy checks for each of them.
The application must also nominate at least one person as a responsible manager. The licence applicant is required to include information about the proposed responsible managers including their educational qualifications and previous employers where their experience was gained.
Other information which needs to be provided in support of an application for an ACL is proof of EDR scheme membership and a summary of the proposed business to be carried on under the licence.
For information on applications for an ACL, see Licence applications and variations.
