Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) The Commission may suspend a prescribed licence by notice in writing given to the prescribed licence holder if it is satisfied that the holder or an associate of the holder has been charged with –
(a) an offence against this Act; or
(b) an offence involving fraud or dishonesty, whether that offence or conviction occurred in Tasmania or elsewhere.
(2) A prescribed licence is of no effect during a period of suspension.
(3) The Commission may at any time terminate or reduce a period of suspension.