Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
PART 7.3
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LICENSING OF CLEARING AND SETTLEMENT FACILITIES
Division 3
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The Australian CS facility licence
Subdivision C
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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.
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