sec.46Application for restoration

### sec.46 Application for restoration If a person’s licence expires, the person may apply for restoration of the licence. The application must— be made to the chief executive in the approved form; and be made within 3 months after the expiry; and state the term of the licence being applied for; and state the names and addresses of the person’s business associates; and be accompanied by— the application fee prescribed under a regulation; and the licence renewal fee prescribed under a regulation; and the licence restoration fee prescribed under a regulation; and if the person was required as a condition of the person’s licence to hold insurance—proof of the currency of the insurance; and if, before or when the application is made, a criminal history costs requirement is made of the person—the amount of the costs required to be paid. The application must also be accompanied by— an audit report about all trust accounts maintained by the person during the relevant audit period; or a statutory declaration by the person that the person did not operate a trust account during the relevant audit period. In this section— relevant audit period , for a person’s licence, means the audit period ending immediately before the licence expired. (sec.46-ssec.1) If a person’s licence expires, the person may apply for restoration of the licence. (sec.46-ssec.2) The application must— be made to the chief executive in the approved form; and be made within 3 months after the expiry; and state the term of the licence being applied for; and state the names and addresses of the person’s business associates; and be accompanied by— the application fee prescribed under a regulation; and the licence renewal fee prescribed under a regulation; and the licence restoration fee prescribed under a regulation; and if the person was required as a condition of the person’s licence to hold insurance—proof of the currency of the insurance; and if, before or when the application is made, a criminal history costs requirement is made of the person—the amount of the costs required to be paid. (sec.46-ssec.3) The application must also be accompanied by— an audit report about all trust accounts maintained by the person during the relevant audit period; or a statutory declaration by the person that the person did not operate a trust account during the relevant audit period. (sec.46-ssec.4) In this section— relevant audit period , for a person’s licence, means the audit period ending immediately before the licence expired. - (a) be made to the chief executive in the approved form; and - (b) be made within 3 months after the expiry; and - (c) state the term of the licence being applied for; and - (d) state the names and addresses of the person’s business associates; and - (e) be accompanied by— (i) the application fee prescribed under a regulation; and (ii) the licence renewal fee prescribed under a regulation; and (iii) the licence restoration fee prescribed under a regulation; and (iv) if the person was required as a condition of the person’s licence to hold insurance—proof of the currency of the insurance; and (v) if, before or when the application is made, a criminal history costs requirement is made of the person—the amount of the costs required to be paid. - (i) the application fee prescribed under a regulation; and - (ii) the licence renewal fee prescribed under a regulation; and - (iii) the licence restoration fee prescribed under a regulation; and - (iv) if the person was required as a condition of the person’s licence to hold insurance—proof of the currency of the insurance; and - (v) if, before or when the application is made, a criminal history costs requirement is made of the person—the amount of the costs required to be paid. - (i) the application fee prescribed under a regulation; and - (ii) the licence renewal fee prescribed under a regulation; and - (iii) the licence restoration fee prescribed under a regulation; and - (iv) if the person was required as a condition of the person’s licence to hold insurance—proof of the currency of the insurance; and - (v) if, before or when the application is made, a criminal history costs requirement is made of the person—the amount of the costs required to be paid. - (a) an audit report about all trust accounts maintained by the person during the relevant audit period; or - (b) a statutory declaration by the person that the person did not operate a trust account during the relevant audit period.