THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82
The Corporations Law is as follows:...

SECTION 1190 POWER TO REVOKE, WITHOUT A HEARING, LICENCE HELD BY BODY CORPORATE

1190 The Commission may, by written order, revoke a licence held by a body corporate if:

(a) the body ceases to carry on business; or

(b) the body becomes an externally-administered body corporate; or

(c) the body asks the Commission to revoke the licence; or

(d) a director, secretary or executive officer of the body contravenes this Law because:

(i) he or she does not hold a licence; or

(ii) a licence he or she holds is suspended.