145Notice of suspension or cancellation of practising certificate

145 Notice of suspension or cancellation of practising certificate

145 Notice of suspension or cancellation of practising certificate

(1) The holder of a practising certificate must be given—

(a) written notice of the reasons for a cancellation or suspension of the practising certificate, and

(b) an opportunity to object to the cancellation or suspension.

(2) The notice may be given—

(a) as part of a notice suspending a practising certificate, or

(b) as a separate notice before the suspension or cancellation takes effect.

(3) A practising certificate must not be cancelled until—

(a) an individual has been given at least 28 days within which to lodge an objection, and

(b) the regulator has taken into account the objection.

(4) The regulator may revoke a suspension by written notice to the holder of the practising certificate.

(5) The regulator must revoke a suspension as soon as reasonably practicable after being satisfied the suspension should not continue.

(6) The suspension or cancellation of a practising certificate takes effect—

(a) when the notice is given to the individual, or

(b) on a later date specified in the notice.

(7) A notice cancelling a practising certificate must specify—

(a) the reason the certificate is cancelled, and

(b) the way and time within which the practising certificate must be returned to the regulator.

(8) The holder of a cancelled practising certificate must return the practising certificate to the regulator within the period specified in the notice of cancellation.

Maximum penalty—

(a) for an individual—12.5 penalty units, or

(b) for a body corporate—60 penalty units.

(9) If the regulator suspends or cancels a practising certificate, the regulator may disqualify the holder from applying for—