Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 824

824. The Commission may, by written order, revoke a licence held by a natural
person if the person:

   (a)  becomes an insolvent under administration;

   (b)  is convicted of serious fraud;

   (c)  becomes incapable, through mental or physical incapacity, of managing
        his or her affairs; or

   (d)  asks the Commission to revoke the licence.