Victorian Current Acts

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Immediate cancellation of a licence

S. 46(1) amended by Nos 50/2007 s. 15, 68/2008 s. 71, 27/2018 s. 359(2).

    (1)     Immediately on becoming aware that—

        (a)     the holder of the licence under this Part; or

        (b)     in the case of a licence which is held by a body corporate, any officer of the body corporate—

is a prohibited person (other than for the reason referred to in paragraph (c)(i), (c)(ib) or (cc)(ii) of the definition of prohibited person ) the Chief Commissioner must cancel the licence.

    (2)     The Chief Commissioner must notify the holder of the licence of the cancellation of the licence, either personally or by post.

S. 46A inserted by No. 52/2010 s. 15.

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