88Substitute licensee

88 Substitute licensee

(1)  [Section 88 Subsection (1) amended by No. 24 of 2021, s. 10, Applied:31 Mar 2023] Unless otherwise provided, the Secretary may approve a suitable person nominated by the licensee or the personal representative of the licensee to be a substitute licensee to execute any documents in respect of the licence–

(a) during any period the licensee is unable to execute the document; or

(b) if the licensee has died.

(2)  [Section 88 Subsection (2) amended by No. 24 of 2021, s. 10, Applied:31 Mar 2023] The executor or administrator of the estate of a deceased licensee is a substitute licensee for any period the Secretary determines.

(3)  [Section 88 Subsection (3) inserted by No. 24 of 2021, s. 10, Applied:31 Mar 2023] A substitute licensee for a licence is, for the purposes of this section, taken to be approved as eligible to hold that category of licence under section 76A .

(4)  [Section 88 Subsection (4) inserted by No. 24 of 2021, s. 10, Applied:31 Mar 2023] For the avoidance of doubt, a substitute licensee is not taken to be approved as eligible to hold a category of licence under section 76A for the purpose of applying for or holding any other licence.