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StatuteCorporations Act 2001

Section 1545 — Corporations Act 2001: Transitional—immediate cancellation of Australian financial services licences

Text of the provision Official document

Section 915B applies, on and after the designated carbon unit day, as if the following subsection was added at the end of the section: Licence relating to carbon units (5) ASIC may cancel an Australian financial services licence held by a person, by giving written notice to the person, if the licence only authorises the person to provide financial services that relate to financial products that are carbon units.

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.