80Cancellation of licence on death and insolvency

80 Cancellation of licence on death and insolvency (1) The Director may cancel a licence if: (a) the licensee dies, becomes bankrupt, applies to take the benefit of a law for the relief of bankrupt or insolvent debtors or makes an assignment of property, interest or remuneration for the benefit of creditors; and (b) the Director is not satisfied that adequate arrangements have been made for the conduct of the business of the licensee.

Liquor Act 2019 56 (2) The cancellation takes effect on the date specified by the Director in the cancellation.