Asset finance funder fined $750k for unlicensed activities
Mortgage Business Asset finance funder fined $750k for unlicensed activities By Annie Kane 29 April 2021 The Federal Court has ordered a former equipment funder to pay a $750,000 court penalty for engaging in unlicensed consumer leasing. The $750,000 civil penalty was handed down by the court after ASIC alleged, and GoGetta admitted, that it had contravened the National Credit Act on several occasions between 30 April 2015 and 21 December 2016...
Source: mortgagebusiness.com.au