sec.26Grounds for suspending, cancelling, refusing to renew or imposing conditions on a licence

### sec.26 Grounds for suspending, cancelling, refusing to renew or imposing conditions on a licence Each of the following is a ground for suspending, cancelling, refusing to renew or imposing a condition on a licence— the licence, or a renewal of the licence, was obtained because of materially incorrect or misleading information; the licensee has, for at least 1 month, stopped carrying on the business of an introduction agent; the licensee has failed to comply with a condition of the licence; the licensee or an associated person of the licensee has— breached an undertaking given under this Act to the chief executive; or breached an undertaking given under the Fair Trading Act 1989 to the commissioner for fair trading appointed under that Act, including an undertaking given under the Australian Consumer Law (Queensland) to that commissioner as a regulator under that law; the licensee or an associated person of the licensee has within the last 5 years been convicted of an offence against this Act, the Fair Trading Act 1989 , including the Australian Consumer Law (Queensland) forming part of that Act, or a corresponding law; the licensee is no longer a suitable person to hold a licence because of section 21 or 22 . s 26 amd 2008 No. 69 s 29 ; 2010 No. 54 s 67 sch - (a) the licence, or a renewal of the licence, was obtained because of materially incorrect or misleading information; - (b) the licensee has, for at least 1 month, stopped carrying on the business of an introduction agent; - (c) the licensee has failed to comply with a condition of the licence; - (d) the licensee or an associated person of the licensee has— (i) breached an undertaking given under this Act to the chief executive; or (ii) breached an undertaking given under the Fair Trading Act 1989 to the commissioner for fair trading appointed under that Act, including an undertaking given under the Australian Consumer Law (Queensland) to that commissioner as a regulator under that law; - (i) breached an undertaking given under this Act to the chief executive; or - (ii) breached an undertaking given under the Fair Trading Act 1989 to the commissioner for fair trading appointed under that Act, including an undertaking given under the Australian Consumer Law (Queensland) to that commissioner as a regulator under that law; - (e) the licensee or an associated person of the licensee has within the last 5 years been convicted of an offence against this Act, the Fair Trading Act 1989 , including the Australian Consumer Law (Queensland) forming part of that Act, or a corresponding law; - (f) the licensee is no longer a suitable person to hold a licence because of section 21 or 22 . - (i) breached an undertaking given under this Act to the chief executive; or - (ii) breached an undertaking given under the Fair Trading Act 1989 to the commissioner for fair trading appointed under that Act, including an undertaking given under the Australian Consumer Law (Queensland) to that commissioner as a regulator under that law;