Corporations Act 2001
CHAPTER 10
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TRANSITIONAL PROVISIONS
PART 10.23
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TRANSITIONAL PROVISIONS RELATING TO THE CLEAN ENERGY LEGISLATION (CARBON TAX REPEAL) ACT 2014
SECTION 1545
1545
TRANSITIONAL
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IMMEDIATE CANCELLATION OF AUSTRALIAN FINANCIAL SERVICES LICENCES
Section 915B applies, on and after the designated carbon unit day, as if the following subsection was added at the end of the section:
View history note
Hide history noteSection 915B applies, on and after the designated carbon unit day, as if the following subsection was added at the end of the section:
Licence relating to carbon units
915B(5)
ASIC may cancel an Australian financial services licence held by a person, by giving written notice to the person, if the licence only authorises the person to provide financial services that relate to financial products that are carbon units.
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