Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:1_915f
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 1 cl 915F
Character Range: 307830–308469

915F  Date of effect and publication of cancellation or suspension

 (1) A variation, suspension, revocation of a suspension, or cancellation, of an Australian financial services licence takes effect when the written notice of that action is given to the licensee.

 (2) As soon as practicable after the notice is given to the licensee, ASIC must:
 (a) publish a notice of the action in the Gazette; and
 (b) if the licensee is a participant in a licensed market or a licensed CS facility—give written notice of the action to the operator of the market or facility.
A notice under this subsection must state when the action took effect.