Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1676D

Automatic licence conditions may be varied etc.

                   If an Australian financial services licence is subject to a condition authorising a licensee to provide a superannuation trustee service as a result of the operation of this Part, ASIC may, in accordance with the provisions of Part 7.6:

                     (a)  vary or revoke the condition; or

                     (b)  vary, suspend or cancel the licence;

as if the authorisation to provide a superannuation trustee service had been specified by ASIC under subsection 914A(6).

   



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