20Events of which licence holder must inform Secretary (Act s 16)

20 Events of which licence holder must inform Secretary (Act s 16)

(1) For section 16 of the Act, 7 days is prescribed. (2) For that section, the following events or circumstances in relation to a live‑stock export licence are prescribed: (a) the licence holder ceases to carry on the live‑stock export business to which the licence relates; (b) the licence holder, or a person in management and control of the business, is convicted of an offence against a law of the Commonwealth, a State or a Territory, for which the maximum penalty is a period of imprisonment or a fine of at least $1 000; (c) the licence holder receives notice that the licence holder is no longer regarded as an approved supplier of live‑stock by a foreign government importing authority, instrumentality or organisation; (d) a change of the licence holder’s name. (3) If the licence holder is a body corporate, the following events or circumstances are also prescribed for that section: (a) a court order that it be wound up; (b) a resolution is passed that it be wound up voluntarily. (4) If the licence holder is an individual, the following events or circumstances are also prescribed for that section: (a) he or she becomes bankrupt; (b) he or she executes a deed of arrangement or a deed of assignment under Part X of the Bankruptcy Act 1966; (c) if he or she operates the live‑stock export business to which the licence relates in partnership, the partnership is dissolved.