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 7.5B - REGULATION OF FINANCIAL BENCHMARKS  

Division 2 - Licensing of financial benchmarks  

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

SECTION 908BK   EFFECT OF SUSPENSION  

908BK(1)    
A person whose benchmark administrator licence is suspended is taken not to hold that licence while it is suspended.

908BK(2)    
However, ASIC may specify in the written notice to the licensee under section 908BI , or paragraph 908BJ(4)(b) , that subsection (1) of this section does not apply for specified purposes.