25HVariation or revocation of licence

25H Variation or revocation of licence

(1) A licence or the licence conditions may be varied—

(a) in accordance with the procedures specified in the licence conditions; or

(b) by agreement between the Commission and the licensee; or

(c) by a notice in accordance with subsection (2) served on the licensee.

(2) The Commission must not vary a licence or the licence conditions by a notice unless—

(a) the Commission is satisfied that the variation is necessary having regard to the objectives specified in section 14; and

(b) the Commission has given the licensee an opportunity to make representations on the matter.

(3) The Commission may revoke a licence in accordance with the procedures specified in the licence conditions.

S. 25I inserted by No. 62/2001 s. 85(1).