Document ID: chunk:federal_register_of_legislation:C2025C00185:section:915b:p5
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 915B (pt 5/5)
Character Range: 3722297–3722872

written notice to the trustees, if the trustees of the trust do not provide a financial service covered by the licence before the end of 6 months after the licence is granted.
 (4B) ASIC must cancel an Australian financial services licence held by the trustees of a trust, by giving written notice to the trustees, if:
 (a) the trustees of the trust are required to pay an amount to a person in accordance with a relevant AFCA determination; and
 (b) the CSLR operator has paid, under section 1063, an amount of compensation to the person for the relevant AFCA determination.