Section 1545 — Corporations Act 2001 (Cth)

Transitional—immediate cancellation of Australian financial services licences

Section 915B applies, on and after the designated carbon unit day, as if the following subsection was added at the end of the section:

Licence relating to carbon units

(5) ASIC may cancel an Australian financial services licence held by a person, by giving written notice to the person, if the licence only authorises the person to provide financial services that relate to financial products that are carbon units.

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 1542 — Definition
s 1543 — Transitional—carbon units issued before the designated carbon unit day
s 1544 — Transitional—variation of conditions on Australian financial services licences
s 1546 — Transitional—statements of reasons for cancellation of Australian financial services licences
s 1546A — Definitions
s 1546C — Application of limitation on authorisation to provide personal advice and offence

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