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Construction Occupations (Licensing) Act 2004
49Automatic suspension of corporate licence
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49 Automatic suspension of corporate licence (1) This section applies to a corporation that is licensed. (2) The corporation’s licence is automatically suspended if the corporation— (a) becomes the subject of a winding-up order; or (b) is placed into administration, receivership or liquidation; or (c) is found guilty, whether in the ACT or anywhere else, of an offence that— (ii) is punishable by imprisonment for at least 1 year.
Automatic licence suspension Division 5.1