CORPORATIONS ACT 2001 - SECT 853E Revoking a declaration
CORPORATIONS ACT 2001 - SECT 853E
Revoking a declaration(1) ASIC may, in writing, revoke a declaration under section 853C if it is no longer satisfied as mentioned in subsection 853C(2) in relation to the individual in question.
(2) ASIC must give a copy of the revocation to the relevant
applicant or licensee, the individual and the Minister.