National Consumer Credit Protection Act 2009

CHAPTER 2 - LICENSING OF PERSONS WHO ENGAGE IN CREDIT ACTIVITIES  

PART 2-2 - AUSTRALIAN CREDIT LICENCES  

Division 6 - When a licence can be suspended, cancelled or varied  

Subdivision C - Miscellaneous rules about suspensions, cancellations and variations  

SECTION 58   EFFECT OF SUSPENSION  

58(1)   [ No effect while suspended]  

A suspended licence has no effect while it remains suspended.

58(2)   [ Interpretation]  

Subsection (1) has effect subject to section 62 (which deals with the continued effect of some suspended or cancelled licences).