Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) The commission may, by written notice to the holder of a key person licence, cancel the licence if—
(a) the commission is satisfied on reasonable grounds that—
(i) a ground referred to in section 60 exists; and
(ii) it is necessary to cancel the licence in the public interest or to ensure that the conduct of interactive games is not jeopardised; or
(b) a direction under section 63 has not been complied with.
(2) A cancellation under this section takes effect on the day when the notice is given or, if the notice specifies a later day, on the later day.
(3) If the commission believes that a key relationship exists between the key person licensee and a licensed provider at the time of the giving of a notice under subsection (1), the commission shall promptly give a copy of the notice to the licensed provider.
(4) A person whose licence has been cancelled under this section shall not fail, without reasonable excuse, to return the licence to the commission within 7 days after the day the surrender takes effect.
Maximum penalty: 20 penalty units.