Commonwealth Consolidated Acts

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 44

    A licence granted under this Division is granted on the basis that:

  (a)   conditions on the licence may be imposed, varied or revoked under section   45 or 46; and

  (b)   the licence may be suspended under section   54, 55 or 56; and

  (c)   the licence may be cancelled under section   54, 55 or 56; and

  (d)   the licence may be varied under section   57; and

  (e)   the licence may be cancelled, revoked, terminated or varied by or under later legislation; and

  (f)   no compensation is payable if:

  (i)   conditions on the licence are imposed, varied or revoked as referred to in paragraph   (a); or

  (ii)   the licence is suspended, cancelled, varied, revoked or terminated as referred to in paragraphs   (b) to (e).