32BLicensed agent when not carrying on business

32B Licensed agent when not carrying on business (1) Where a licensed agent is not, or will not be, carrying on business within the Territory, the licensed agent is to give to the Registrar notice, in writing, of the period during which the licensed agent is not or will not be carrying on business. (1A) The notice mentioned in subsection (1) must be given to the Registrar no later than 14 days after the licensed agent ceases carrying on business within the Territory. (1B) To avoid doubt, if a licensed agent gives notice that the licensed agent will not be carrying on business within the Territory, the licensed agent is not required to give an additional notice under this section when the licensed agent ceases carrying on business as a licensed agent within the Territory. (2) Where the Registrar is notified under subsection (1) that a licensed agent is not or will not be carrying on business as a licensed agent within the Territory, the Board may suspend the licensed agent's licence until the licensed agent commences or re-commences carrying on business as a licensed agent within the Territory. (3) A licensed agent who is not or will not be carrying on business within the Territory must not fail to give notice under subsection (1).