44Basis on which licence is granted

44  Basis on which licence is granted   A licence granted under this Division is granted on the basis that:  (a) conditions on the licence may be imposed, varied or revoked under section 45 or 46; and  (b) the licence may be suspended under section 54, 55 or 56; and  (c) the licence may be cancelled under section 54, 55 or 56; and  (d) the licence may be varied under section 57; and  (e) the licence may be cancelled, revoked, terminated or varied by or under later legislation; and  (f) no compensation is payable if:  (i) conditions on the licence are imposed, varied or revoked as referred to in paragraph (a); or  (ii) the licence is suspended, cancelled, varied, revoked or terminated as referred to in paragraphs (b) to (e). Division 4—Conditions on an Australian credit licence