sec.66Notice of cancellation and that not a fit and proper person to individual who is a licensee

### sec.66 Notice of cancellation and that not a fit and proper person to individual who is a licensee For an individual who is a licensee, subsection (3) applies if, after considering submissions made by the individual for the notice under section 64 (2) , the commission still considers that the individual is a convicted company officer. Subsection (3) also applies if there are no submissions for the notice under section 64 (2) . The commission must, by written notice given to the individual— inform the individual that the commission still considers the individual is a convicted company officer; and cancel the individual’s licence; and inform the individual— that the individual is taken not to be a fit and proper person for part 3 , division 2 ; and of the individual’s right to apply to the tribunal for a review of the commission’s decision. An individual may have the commission’s decision reviewed by the tribunal under section 86 (1) (l) . An individual given notice under subsection (3) is taken not to be a fit and proper person for part 3 , division 2 as stated in the notice. Section 49 does not apply to a cancellation under subsection (3) . s 66 prev s 66 amd 1992 No. 36 s 2 sch 1 om 2000 No. 9 s 104 sch 1 pres s 66 ins 2003 No. 1 s 32 amd 2013 No. 38 s 14 sch 1 (sec.66-ssec.1) For an individual who is a licensee, subsection (3) applies if, after considering submissions made by the individual for the notice under section 64 (2) , the commission still considers that the individual is a convicted company officer. (sec.66-ssec.2) Subsection (3) also applies if there are no submissions for the notice under section 64 (2) . (sec.66-ssec.3) The commission must, by written notice given to the individual— inform the individual that the commission still considers the individual is a convicted company officer; and cancel the individual’s licence; and inform the individual— that the individual is taken not to be a fit and proper person for part 3 , division 2 ; and of the individual’s right to apply to the tribunal for a review of the commission’s decision. An individual may have the commission’s decision reviewed by the tribunal under section 86 (1) (l) . (sec.66-ssec.4) An individual given notice under subsection (3) is taken not to be a fit and proper person for part 3 , division 2 as stated in the notice. (sec.66-ssec.5) Section 49 does not apply to a cancellation under subsection (3) . - (a) inform the individual that the commission still considers the individual is a convicted company officer; and - (b) cancel the individual’s licence; and - (c) inform the individual— (i) that the individual is taken not to be a fit and proper person for part 3 , division 2 ; and (ii) of the individual’s right to apply to the tribunal for a review of the commission’s decision. Note— An individual may have the commission’s decision reviewed by the tribunal under section 86 (1) (l) . - (i) that the individual is taken not to be a fit and proper person for part 3 , division 2 ; and - (ii) of the individual’s right to apply to the tribunal for a review of the commission’s decision. Note— An individual may have the commission’s decision reviewed by the tribunal under section 86 (1) (l) . - (i) that the individual is taken not to be a fit and proper person for part 3 , division 2 ; and - (ii) of the individual’s right to apply to the tribunal for a review of the commission’s decision. Note— An individual may have the commission’s decision reviewed by the tribunal under section 86 (1) (l) .