Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.3 - LICENSING OF CLEARING AND SETTLEMENT FACILITIES  

Division 3 - The Australian CS facility licence  

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

SECTION 826D   EFFECT OF SUSPENSION  

826D(1)   [ Effect of suspension]  

A person whose Australian CS facility licence is suspended is taken not to hold that licence while it is suspended.

826D(2)   [ Exemption]  

However, the Minister may specify in the written notice to the licensee that subsection (1) does not apply for specified purposes.