sec.201Duration of licence

### sec.201 Duration of licence Although each licence has a licence period, a licence continues in force until— its surrender is accepted by the commissioner; or its cancellation takes effect. A licence does not have effect during a period for which it is suspended. s 201 amd 2012 No. 25 s 144 (1) (sec.201-ssec.1) Although each licence has a licence period, a licence continues in force until— its surrender is accepted by the commissioner; or its cancellation takes effect. (sec.201-ssec.2) A licence does not have effect during a period for which it is suspended. - (a) its surrender is accepted by the commissioner; or - (b) its cancellation takes effect.