65Cancellation of key person licence

65 Cancellation of key person licence (1) The commission may, by written notice to the holder of a key person licence, cancel the licence if— (a) the commission is satisfied on reasonable grounds that— (i) a ground referred to in section 60 exists; and (ii) it is necessary to cancel the licence in the public interest or to ensure that the conduct of interactive games is not jeopardised; or (b) a direction under section 63 has not been complied with. (2) A cancellation under this section takes effect on the day when the notice is given or, if the notice specifies a later day, on the later day. (3) If the commission believes that a key relationship exists between the of a notice under subsection (1), the commission must promptly give a copy of the notice to the licensed provider. (4) A person whose licence has been cancelled under this section must not fail, without reasonable excuse, to return the licence to the commission within 7 days after the day the surrender takes effect. Division 4.4 Notification of key person licensees