s 58
In forceEffect of suspension
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 2Licensing of persons who engage in credit activities
Part 2-2Australian credit licences
Division 4Conditions on an Australian credit licence
58 Effect of suspension
(1)
A suspended licence has no effect while it remains suspended.
(2)
Subsection (1) has effect subject to section 62 (which deals with the continued effect of some suspended or cancelled licences).
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