Commonwealth Consolidated Acts

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DEFENCE FORCE (HOME LOANS ASSISTANCE) ACT 1990 - SECT 19

Revocation of approval

             (1)  Where the Secretary is satisfied that an approval was granted to a person as a result of a false or misleading statement made by the person, the Secretary may, by written notice given to the person, revoke the approval.

             (2)  The Secretary must cause a copy of a revocation to be given to the Bank.

             (3)  Where an approval is revoked under this section it is taken never to have been granted.


 

   



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