Document ID: chunk:federal_register_of_legislation:F2022L00472:reg:60
Version: federal_register_of_legislation:F2022L00472
Segment Type: reg
Provision Reference: reg 60
Character Range: 55825–56605

60  Minister's power to terminate licence
 (1) The Minister may, by written notice (the termination notice) given to a licensee, terminate the licence if:
 (a) the licensee contravenes the licence; and
 (b) the Minister has complied with section 61.
 (2) The termination notice takes effect immediately after the end of the following period:
 (a) if the licence does not provide for a period for rectifying the contravention—the period of 10 business days starting after the day the notice is given;
 (b) if the licence provides for a period for rectifying the contravention, whichever of the following periods ends later:
 (i) the period of 10 business days starting after the day the notice is given;
 (ii) the period specified in the licence for rectifying the contravention.