60EATime period for restoration of commercial agent licences

#### 60EA Time period for restoration of commercial agent licences 60EA Time period for restoration of commercial agent licences > > (1) An application for the restoration of a commercial agent licence must be made— > > > > > (a) within 3 months of the expiry of the licence, or > > > > > (b) within the further period determined by the Secretary on the application of the person seeking the restoration of the licence. > > > (2) Without limiting subsection (1) (b), the Secretary may extend the period within which an application for the restoration of a commercial agent licence may be made if the Secretary is satisfied that— > > > > > (a) in a case where the applicant failed to apply for renewal before the commercial agent licence expired—the failure to apply for renewal of the commercial agent licence before it expired was due to inadvertence, or > > > > > (b) it is just and equitable to restore the commercial agent licence. > > > (3) A commercial agent licence that has been surrendered or cancelled must not be restored. > > > (4) An application for the restoration of a commercial agent licence must— > > > > > (a) be made in the approved form (if any), and > > > > > (b) be accompanied by the fee prescribed by the regulations, and > > > > > (c) nominate a term of duration for the licence. > > > (5) A commercial agent licence restored at any time is taken to have been restored from the day on which the licence expired. > > > (6) Subject to this section, this Act applies to an application for the restoration of a commercial agent licence in the same way as it applies to an application for a commercial agent licence. > > **s 60EA:** Ins 1987 No 68, Sch 6, cl 9.