s 61
In forceStatement of reasons
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 2Licensing of persons who engage in credit activities
Part 2-2Australian credit licences
Division 5Obligations of licensees
Subdivision AGeneral obligations
61 Statement of reasons
A notice of suspension or cancellation given to a licensee must be accompanied by a statement of reasons for the action taken.
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