Probity approval notice, cancellation of Sample Clauses

Probity approval notice, cancellation of. (1) If — (a) after a probity approval notice is issued to a person; and (b) before the person becomes the holder of a relevant interest in more than 10% of the voting shares of an approved company, the Commission is not satisfied the person is a suitable person to hold a relevant interest in more than 10% of the voting shares of an approved company, the Commission may cancel the probity approval notice. (2) If the Commission cancels a probity approval notice it must immediately serve the person with a written notice of the cancellation. (3) The cancellation of a probity approval notice has effect when a notice is served under subsection (2). (4) If the Commission cancels a probity approval notice it must promptly notify the approved company of the fact.
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Probity approval notice, cancellation of. (1) If — (a) after a probity approval notice is issued to a person; and (b) before the person becomes the holder of a relevant interest in more than 10% of the voting shares of an approved company, the Commission is not satisfied the person is a suitable person to hold a relevant interest in more than 10% of the voting shares of
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Probity approval notice, cancellation of. (1) If — (a) after a probity approval notice is issued to a person; and (b) before the person becomes the holder of a relevant interest in more than 10% of the voting shares of an approved company, the Commission is not satisfied the person is a suitable person to hold a relevant interest in more than 10% of the voting shares of an approved company, the Commission may cancel the probity approval notice. (2) If the Commission cancels a probity approval notice it must immediately serve the person with a written notice of the cancellation. As at 12 Aug 2016 Version 03-a0-00 page 00
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Probity approval notice, cancellation of. (1) If — (a) after a probity approval notice is issued to a person; and page 10 Compare 12 Jun 2007 [01-f0-03] / 01 Feb 2008 [02-a0-01] (b) before the person becomes the holder of a relevant interest in more than 10% of the voting shares of an approved company, the Commission is not satisfied the person is a suitable person to hold a relevant interest in more than 10% of the voting shares of an approved company, the Commission may cancel the probity approval notice. (2) If the Commission cancels a probity approval notice it must immediately serve the person with a written notice of the cancellation. (3) The cancellation of a probity approval notice has effect when a notice is served under subsection (2). (4) If the Commission cancels a probity approval notice it must promptly notify the approved company of the fact.
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