Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.2 - LICENSING OF FINANCIAL MARKETS  

Division 4 - The Australian market licence  

Subdivision C - When a licence can be varied, suspended or cancelled  

SECTION 797D   EFFECT OF SUSPENSION  

797D(1)    
A person whose Australian market licence is suspended is taken not to hold that licence while it is suspended.

797D(2)    

However, ASIC may specify in the written notice to the licensee that subsection (1) does not apply for specified purposes.