60Minister’s power to terminate licence

60 Minister’s power to terminate licence

(1) The Minister may, by written notice (the termination notice) given to a licensee, terminate the licence if: (a) the licensee contravenes the licence; and (b) the Minister has complied with section 61. (2) The termination notice takes effect immediately after the end of the following period: (a) if the licence does not provide for a period for rectifying the contravention—the period of 10 business days starting after the day the notice is given; (b) if the licence provides for a period for rectifying the contravention, whichever of the following periods ends later: (i) the period of 10 business days starting after the day the notice is given; (ii) the period specified in the licence for rectifying the contravention.