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StatuteCompetition and Consumer Act 2010

Section 92G — Competition and Consumer Act 2010: Revocation of authorisations

Text of the provision Official document

(1) The Commission may, at any time, revoke an authorisation under this Division if the Commission considers that: (a) the conduct would not assist, or would not be likely to assist, in the response to or recovery from the exceptional circumstances or emergency specified in the determination; or (b) the conduct is not appropriate; or (c) the authorisation was granted on the basis of evidence or information that was false or misleading in a material particular; or (d) a condition to which the authorisation was expressed to be subject has not been complied with. (2) The Commission must give the person who applied for the authorisation written notice stating: (a) that the authorisation is revoked; and (b) the date on which the revocation takes effect. (3) The revocation takes effect on the business day after the day on which the notice is given.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.