(1) This section applies if, while an offender's licence is in force, the board decides that the offender has been convicted or found guilty of—
(a) an offence against a law of the Commonwealth, a State or another Territory that is punishable by imprisonment; or
(b) an offence outside Australia against a law of a place outside Australia that, if it had been committed in Australia, would be punishable by imprisonment;
(2) Without limiting section 308 (Board powers—review of release on licence), the board must cancel the offender's licence as soon as practicable under that section.