136Grant of CMS licence

#### 136 Grant of CMS licence 136 Grant of CMS licence > > (1) The Minister may, after considering an application under Part 12 for a CMS licence— > > > > > (a) grant a CMS licence to the applicant, or > > > > > (b) refuse to grant a licence. > > > (2) A CMS licence granted under this section— > > > > > (a) comes into force on the day on which it is granted or on such later date as may be specified in, or determined in accordance with, the CMS licence, and > > > > > (b) remains in force for the term specified in the CMS licence unless sooner cancelled or surrendered, and > > > > > (c) may be granted on the basis that no other CMS licence will be granted during the term of the licence, and > > > > > (d) is subject to such conditions as may be imposed by or under this Act or the regulations or are specified in the CMS licence. > > > (3) A CMS licence granted on the basis referred to in subsection (2) (c) is referred to in this section as an exclusive CMS licence. > > > (4) The Minister may not grant a CMS licence under this section in relation to any period in which an exclusive CMS licence is in force. > > > (5) A CMS licence may be granted to 1 person or 2 or more persons jointly. > > > (6) Without limiting subsection (2) (a), a CMS licence may provide that the licence comes into force on or after the day on which specified criteria have been satisfied. > > **s 136:** Am 2004 No 97, Sch 1 \[4\] \[5\]. Subst 2015 No 70, Sch 1 \[3\].