Section 49 (2)
substitute
(2) The corporation's licence is automatically suspended if the corporation—
(a) becomes the subject of a winding-up order; or
(b) has a controller or administrator appointed for the corporation; or
(c) is found guilty, whether in the ACT or anywhere else, of an offence that—
(i) involves fraud, dishonesty or violence; and
(ii) is punishable by imprisonment for at least 1 year.