Cancellation of licence
46 Cancellation of licence
The Administrator may, by notice in writing given to a licence holder, cancel the licence if any of the statements or information contained in the licence holder's application for the licence is materially false or misleading.
In the case of a licence held by a person by virtue of holding deemed registration, the Administrator may, by notice in writing given to the person, cancel the licence if the Administrator is satisfied that the person – does not have sufficient material and financial resources available to enable them to comply with the requirements of this Act; or has ceased to carry on the business to which the licence relates; or has provided any information to the Administrator that is materially false or misleading.
The cancellation of a licence does not render unlawful any prescribed work carried out by a person before he or she receives notice of the cancellation.
This Act’s bill:Explanatory notesSecond reading speech
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