Regulations requiring holders of debt collection licenses to hold the supervisory authority for collection business informed about the debt collection business operated under license
Date FOR 1990-03-12-213
Affairs Ministry
Published In 1990 281
Commencement 05/21/1990
Edited
FOR-2009-12-18-1726 from 21/12/2009
Changes
For
Norway
Legal
LOV-1988-05-13-26-section 6
Promulgated
Short Title
Regulations on the Supervision of the debt collection industry
Adopted by FSAN (now FSA) on 12 March 1990 in accordance with § 6, second paragraph of the Law of 13 May 1988 no. 26 on debt collection and other collection of overdue debts, cf. Royal Decree. dated 14 July 1989 Section II.
Changes: Amended by regulation 18 Dec 2009 No.. 1726.
§ 1. Person collection license for Debt Collection Act § 5 shall before they undertake supervision of collection business, notify the Financial Supervisory Authority in writing from the debt collector who will have professional management.
§ 2. Any change in inkassobevillingshavers use of its license, including the license will no longer be in use shall immediately be notified in writing FSA.
§ 3. FSA may impose a licensed debt collector to provide further information on debt collection activities carried out in pursuance of his license.