92GRevocation of authorisations

92G Revocation of authorisations

(1) The Commission may, at any time, revoke an authorisation under this Division if the Commission considers that:

(a) the conduct would not assist, or would not be likely to assist, in the response to or recovery from the exceptional circumstances or emergency specified in the determination; or

(b) the conduct is not appropriate; or

(c) the authorisation was granted on the basis of evidence or information that was false or misleading in a material particular; or

(d) a condition to which the authorisation was expressed to be subject has not been complied with.

(2) The Commission must give the person who applied for the authorisation written notice stating:

(a) that the authorisation is revoked; and

(b) the date on which the revocation takes effect.

(3) The revocation takes effect on the business day after the day on which the notice is given.