Document ID: chunk:federal_register_of_legislation:C2024C00463:section:16:p2
Version: federal_register_of_legislation:C2024C00463
Segment Type: section
Provision Reference: s 16 (pt 2/2)
Character Range: 99483–100416

permit given to a registered broker is subject to any conditions specified in the permit.
Note: Section 17 deals with changing permit conditions.

Revoking a permit
 (8) The Minister may, by writing, revoke a permit given to a registered broker under this section.
Note: See also subsection 23(3) (about automatic revocation of a permit under this section upon cancellation of the broker's registration).
 (9) However, the Minister may revoke the permit only if the Minister is satisfied that any activity covered by an arrangement authorised by the permit would prejudice the security, defence or international relations of Australia.
 (10) The Minister must give the broker notice of the revocation and the reasons for the revocation. The revocation takes effect at the time the broker receives the notice.
Note 1: Section 67 deals with giving notices under this Act.
Note 2: Section 68 deals with disclosing reasons for decisions.