47Immediate cancellation of private security licence

47 Immediate cancellation of private security licence

(1) Immediately on becoming aware that—

(a) the holder of a private security licence; or

S. 47(1)(ab) inserted by No. 61/2010 s. 18(1).

(ab) a close associate of the holder of a private security licence; or

(b) in the case of a private security licence which is held by a body corporate, an officer of the body corporate—

is a prohibited person the Chief Commissioner must cancel the licence.

S. 47(1A) inserted by No. 61/2010 s. 18(2).

(1A) Immediately upon becoming aware, on the basis of protected information, that the holder of a private security individual operator licence does not meet the requirements set out in section 25(2), the Chief Commissioner must cancel the licence.

S. 47(1B) inserted by No. 61/2010 s. 18(2).

(1B) Immediately upon becoming aware, on the basis of protected information, that a relevant person in relation to a private security business licence does not meet the requirements set out in section 26(2), the Chief Commissioner must cancel the licence.

(2) The Chief Commissioner must notify the holder of the licence of the cancellation of the licence.

S. 47(3) inserted by No. 61/2010 s. 18(3).

(3) In this section relevant person in relation to a private security business licence means—

(a) in the case of a private security business licence held by a natural person, the holder of the licence and any close associate of the holder;

(b) in the case of a private security business licence held by a body corporate, each of the following—

(i) the nominated person for the body corporate;

(ii) any officer of the body corporate;

(iii) any close associate of the body corporate.