Commonwealth Consolidated Acts

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NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 41

Applicant must be given hearing before refusal of licence

    ASIC may only refuse to grant a licence after giving the person who applied for the licence an opportunity:

  (a)   to appear, or be represented, at a hearing before ASIC that takes place in private; and

  (b)   to make submissions to ASIC in relation to the refusal.


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