140
In forceCancellation of relevant authorisation without show cause notice
Chapter 5Cancellation, suspension and amendment of authorisations
Part 1Relevant authorisations
140 Cancellation of relevant authorisation without show cause notice
(1)
The procedures otherwise required to be followed under this chapter for the cancellation of a relevant authorisation are not required to be followed if the holder of the relevant authorisation asks the chief executive to cancel it and the chief executive proposes to give effect to the request.
(2)
The chief executive may cancel the relevant authorisation by notice given to the holder.
This Act’s bill:Explanatory memorandumSecond reading speech
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