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National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009
29Date of effect, notice and publication of variation, cancellation or suspension etc.
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29 Date of effect, notice and publication of variation, cancellation or suspension etc.
(1) ASIC must give a registered person written notice of a variation, suspension, revocation of a suspension, or cancellation of the person’s registration.
(2) A variation, suspension, revocation of a suspension, or cancellation of a person’s registration (other than a cancellation under item 21) comes into force when the notice is given to the person.
(3) As soon as practicable after the notice is given to the person, ASIC must publish a notice of the action on ASIC’s website. The notice must state when the variation, suspension, revocation of a suspension, or cancellation of the person’s registration came into force.