Australian Capital Territory Consolidated Acts(1) This section applies to a corporation that is licensed.
(2) The corporation's licence is automatically suspended if the licensee—
(a) enters into a winding-up; or
(b) is found guilty, whether in the ACT or anywhere else, of an offence that—
(i) involves fraud, dishonesty or violence; and
(ii) is punishable by imprisonment for at least 1 year.