s 105A
In forceCancellation of licence due to insufficient resources or cessation of business
Part VIIDiscipline of agents and sales representatives
105A Cancellation of licence due to insufficient resources or cessation of business
The State Administrative Tribunal may, on application by the Commissioner, cancel a licence if the Tribunal is satisfied that the licensee —
(a)
does not have sufficient material and financial resources available to enable them to comply with the requirements of this Act; or
(b)
has ceased to carry on the business to which the licence relates.
[Section 105A inserted: No. 7 of 2022 s. 47.]
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