Queensland Consolidated Acts Queensland Consolidated Acts(1) This section applies if the compensation scheme trustees decide--
(a) to refuse an applicant, or a prospective applicant, for a licence participation in the compensation scheme; or
(b) to terminate the participation of a licensee in the compensation scheme.
(2) The compensation scheme trustees must give the applicant, prospective applicant or licensee (the affected person) a QCAT information notice for the decision.
(3) For a decision mentioned in subsection (1)(b) (termination decision), the QCAT information notice must--
(a) state the day on which, subject to any decision by QCAT on a review of the termination decision, the termination takes effect; and
(b) inform the affected person that the person's participation in the compensation scheme is, subject to any decision by QCAT on a review of the termination decision, suspended from the day the notice is given to the person until the day the termination takes effect.
(4) The day stated in the QCAT information notice under subsection (3)(a) must be at least 28 days after the notice is given to the affected person.
(5) An affected person for a decision mentioned in subsection (1) may apply, as provided under the QCAT Act, to QCAT for a review of the decision.
(6) The affected person must also give to the commissioner and the compensation scheme trustees notice in writing of the application to QCAT.