Commonwealth Consolidated Acts

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NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 68

Variation and revocation of authorisations and sub - authorisations

Variation and revocation of authorisations

  (1)   An authorisation under subsection   64(1) may be varied or revoked at any time by the licensee giving written notice to the credit representative.

Variation and revocation of sub - authorisations

  (2)   An authorisation under subsection   65(1) may be varied or revoked at any time by:

  (a)   the licensee in relation to whom the authorisation was given; or

  (b)   the body corporate that gave the authorisation;

giving written notice to the credit representative.

  (3)   If a person varies or revokes an authorisation under subsection   (2), that person must give the other person who could have varied or revoked the authorisation written notice of the variation or revocation.


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