Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.6 - LICENSING OF PROVIDERS OF FINANCIAL SERVICES  

Division 4 - Australian financial services licences  

Subdivision C - When a licence can be varied, suspended or cancelled  

SECTION 915F   DATE OF EFFECT AND PUBLICATION OF CANCELLATION OR SUSPENSION  

915F(1)   [ Date of effect]  

A variation, suspension, revocation of a suspension, or cancellation, of an Australian financial services licence takes effect when the written notice of that action is given to the licensee.

915F(2)   [ Publication]  

As soon as practicable after the notice is given to the licensee, ASIC must:


(a) publish a notice of the action in the Gazette ; and


(b) if the licensee is a participant in a licensed market or a licensed CS facility - give written notice of the action to the operator of the market or facility.

A notice under this subsection must state when the action took effect.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.