sec.141Return of cancelled, suspended or amended relevant authorisation

sec.141 Return of cancelled, suspended or amended relevant authorisation

This section applies if the chief executive cancels, suspends or amends a relevant authorisation under this chapter. The chief executive may, by notice given to the holder of the relevant authorisation, require the holder to return the authorisation to the chief executive within 14 days, or a later stated time. The holder must comply with the notice, unless the holder has a reasonable excuse for not complying with it. Maximum penalty—40 penalty units. If a suspended relevant authorisation has been returned to the chief executive, the chief executive must return the authorisation to the holder of the relevant authorisation at the end of the suspension period. If an amended relevant authorisation has been returned to the chief executive, the chief executive must return the authorisation to the holder of the relevant authorisation after amending it. However, the amendment of a relevant authorisation does not depend on the authorisation being returned to the chief executive by the holder of the authorisation or by the chief executive to the holder of the authorisation. (sec.141-ssec.1) This section applies if the chief executive cancels, suspends or amends a relevant authorisation under this chapter. (sec.141-ssec.2) The chief executive may, by notice given to the holder of the relevant authorisation, require the holder to return the authorisation to the chief executive within 14 days, or a later stated time. (sec.141-ssec.3) The holder must comply with the notice, unless the holder has a reasonable excuse for not complying with it. Maximum penalty—40 penalty units. (sec.141-ssec.4) If a suspended relevant authorisation has been returned to the chief executive, the chief executive must return the authorisation to the holder of the relevant authorisation at the end of the suspension period. (sec.141-ssec.5) If an amended relevant authorisation has been returned to the chief executive, the chief executive must return the authorisation to the holder of the relevant authorisation after amending it. (sec.141-ssec.6) However, the amendment of a relevant authorisation does not depend on the authorisation being returned to the chief executive by the holder of the authorisation or by the chief executive to the holder of the authorisation.