89
CurrentEffect of suspension or cancellation of possession licences—approvals to acquire
Part 7Act instruments
Division 4Provisions about suspension and cancellation of Act instruments
Subdivision 2Effect of suspension or cancellation of possession licences on certain other Act instruments
89 Effect of suspension or cancellation of possession licences—approvals to acquire
(1)
If the possession licence of the holder of an approval to acquire is suspended, the approval is taken to be suspended for the period of the suspension.
(2)
If the possession licence of the holder of an approval to acquire is cancelled, the approval is taken to be cancelled.
This Act’s bill:Explanatory memorandum
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