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 7.3 - LICENSING OF CLEARING AND SETTLEMENT FACILITIES  

Division 3 - The Australian CS facility licence  

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

SECTION 826D   EFFECT OF SUSPENSION  

826D(1)    
A person whose Australian CS facility licence is suspended is taken not to hold that licence while it is suspended.

826D(2)    

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