Document ID: chunk:federal_register_of_legislation:C2024C00826:section:44
Version: federal_register_of_legislation:C2024C00826
Segment Type: section
Provision Reference: s 44
Character Range: 122121–122911

44  Basis on which licence is granted
  A licence granted under this Division is granted on the basis that:
 (a) conditions on the licence may be imposed, varied or revoked under section 45 or 46; and
 (b) the licence may be suspended under section 54, 55 or 56; and
 (c) the licence may be cancelled under section 54, 55 or 56; and
 (d) the licence may be varied under section 57; and
 (e) the licence may be cancelled, revoked, terminated or varied by or under later legislation; and
 (f) no compensation is payable if:
 (i) conditions on the licence are imposed, varied or revoked as referred to in paragraph (a); or
 (ii) the licence is suspended, cancelled, varied, revoked or terminated as referred to in paragraphs (b) to (e).

Division 4—Conditions on an Australian credit licence