Div 3Term and renewal of licence

Division 3—Term and renewal of licence 9—Term and renewal of licence (1) The licence is to be granted for a term fixed under the approved licensing agreement. (2) If before the end of a term for which the licence has been granted or renewed, the parties to the approved licensing agreement renegotiate the agreement, the Governor may renew the licence for a term fixed under the renegotiated agreement. (3) However, the licensee is to have no entitlement to, or legitimate expectation of, renewal.