131AProcedure for implementing disciplinary action

#### 131A Procedure for implementing disciplinary action 131A Procedure for implementing disciplinary action > > (1) If the Authority decides to take disciplinary action against a licensee or close associate under this Part, the Authority is required to serve on the licensee or close associate a notice informing the person of the Authority’s decision. > > > (2) The notice must include the reasons for the Authority’s decision. > > > (3) Any disciplinary action under this Part takes effect when notice of it is given or on a later date specified in the notice. > > > (4) The Authority may, by serving a further notice on the licensee or close associate concerned, cancel a notice under this section before the notice takes effect. > > > (5) The Authority is not prevented from taking disciplinary action under this Part merely because the licensee or close associate is subject to criminal or civil proceedings that relate to the same matters or incident to which the disciplinary action relates. > > **s 131A:** Ins 2007 No 92, Sch 3 \[67\].