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NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 41
Applicant must be given hearing before refusal of licence
ASIC may only refuse to grant a licence after giving the person
who applied for the licence an opportunity:
(a) to appear, or be represented, at a hearing before ASIC that
takes place in private; and
(b) to make submissions to ASIC in relation to the refusal.
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