Under amendments to the State Penalties Enforcement Regulation 2000, which came into effect on 1 July 2011, fair trading inspectors who conduct random checks are now in the position to issue on-the-spot fines for breaches of legislation.
This increased compliance is good for the security provider, second-hand dealer and pawnbroker industries. It will improve consumer confidence in these industries. Licensed individuals and businesses will also benefit as greater compliance monitoring will improve trading conditions by keeping dishonest traders out.
An inspector can enter any public place, or a private area with owner's permission or if in possesion of a warrant and conducts a search and seize positions and copies of documents.
As a security company you are obliged to provide your name and address and produce any documents the inspector requires or risk being fined up to $6,000.
Source : Queensland Office of Fiar Trading, SPAAL