Document ID: chunk:federal_register_of_legislation:F2023C00483:reg:15
Version: federal_register_of_legislation:F2023C00483
Segment Type: reg
Provision Reference: reg 15
Character Range: 12532–13772

15  Revocation or suspension of licence at the instance of the Commission
 (1) The Commission may, under section 106 of the Act, suspend or revoke a licence held by a Commonwealth authority.
 (2) The Commission may, under section 106 of the Act, revoke, but may not suspend, a licence held by a licensed corporation.

Notice to the licensee
 (3) If the Commission suspends or revokes a licence under section 106 of the Act, the Commission must give the licensee written notice:
 (a) stating that the Commission has suspended or revoked the licence under section 106 of the Act; and
 (b) stating the date of effect of the suspension or revocation; and
 (c) for notices relating to a suspension—state the period for which the licence is suspended; and
 (d) setting out the reasons for the suspension or revocation.

Notice to be published
 (4) If the Commission revokes or suspends a licence under section 106 of the Act, the Commission must publish a notice in the Gazette or by notifiable instrument:
 (a) stating that the licence has been suspended or revoked under section 106 of the Act; and
 (b) stating the date of effect of the suspension or revocation; and
 (c) for a notice relating to a suspension—state the period of suspension.