sec.66Withdrawal or suspension of licence

### sec.66 Withdrawal or suspension of licence The commission may, by gazette notice, withdraw or suspend a licence if— the insurer asks the commission to withdraw or suspend the licence; or the insurer contravenes this Act, a condition of the licence or the industry deed; or there is some other reason justifying withdrawal or suspension of the licence. A request by an insurer under subsection (1) (a) must be given in writing to the commission at least 3 months before the day the licence is to be withdrawn or suspended. At least 14 days before the withdrawal or suspension of a licence takes effect, the commission must give the insurer written notice— stating the commission’s intention to withdraw or suspend the licence; and stating the date on which the withdrawal or suspension will take effect; and stating the reason for the proposed withdrawal or suspension of the licence. The commission must give a copy of the notice to transport administration. s 66 amd 2010 No. 32 s 8 (sec.66-ssec.1) The commission may, by gazette notice, withdraw or suspend a licence if— the insurer asks the commission to withdraw or suspend the licence; or the insurer contravenes this Act, a condition of the licence or the industry deed; or there is some other reason justifying withdrawal or suspension of the licence. (sec.66-ssec.1A) A request by an insurer under subsection (1) (a) must be given in writing to the commission at least 3 months before the day the licence is to be withdrawn or suspended. (sec.66-ssec.2) At least 14 days before the withdrawal or suspension of a licence takes effect, the commission must give the insurer written notice— stating the commission’s intention to withdraw or suspend the licence; and stating the date on which the withdrawal or suspension will take effect; and stating the reason for the proposed withdrawal or suspension of the licence. (sec.66-ssec.3) The commission must give a copy of the notice to transport administration. - (a) the insurer asks the commission to withdraw or suspend the licence; or - (b) the insurer contravenes this Act, a condition of the licence or the industry deed; or - (c) there is some other reason justifying withdrawal or suspension of the licence. - (a) stating the commission’s intention to withdraw or suspend the licence; and - (b) stating the date on which the withdrawal or suspension will take effect; and - (c) stating the reason for the proposed withdrawal or suspension of the licence.