20Provisions relating to licences

20 Provisions relating to licences S. 20(1) amended by Nos 62/2001 s. 70(d), 75/2004 s. 11. (1) A licence is to be issued for such term (if any) as is decided by the Commission and is specified in the licence. S. 20(2) amended by Nos 62/2001 s. 70(d), 75/2004 s. 11. (2) A licence is subject to such conditions as are decided by the Commission. Note to s. 20(2) inserted by No. 37/2020 s. 4. A licence is also subject to conditions deemed under this Act to be licence conditions of the licence or to which the licence is subject, including conditions specified by the Minister by Order under section 33AB(1). (3) If a licence is issued to 2 or more persons for the purpose of the carrying on by those persons of the activities authorised by the licence in partnership or as an unincorporated joint venture, the licence may include conditions relating to the carrying on of those activities in that manner. S. 20(4) inserted by No. 74/2010 s. 23. (4) For the purposes of section 8(1)(k) of the Personal Property Securities Act 2009 of the Commonwealth, a licence is declared not to be personal property.