sec.41Shortened licence term

sec.41 Shortened licence term

This section applies if the chief executive issues or renews a licence for a shorter term under part 6 . For each whole month the term of the licence is shortened, an amount must be refunded that is equal to one-twelfth of the licence renewal fee for the licence for 1 year that was payable when the fees for the licence were paid. In this section— whole month means a month beginning on the day of the calendar month on which a licence was issued or renewed and ending on the day before the corresponding day of the next calendar month. for a licence issued on 1 September in a year—a month beginning on the first day of any month and ending on the last day of that month for a licence issued on 7 March in a year—a month beginning on the seventh day of any month and ending on the sixth day of the next month (sec.41-ssec.1) This section applies if the chief executive issues or renews a licence for a shorter term under part 6 . (sec.41-ssec.2) For each whole month the term of the licence is shortened, an amount must be refunded that is equal to one-twelfth of the licence renewal fee for the licence for 1 year that was payable when the fees for the licence were paid. (sec.41-ssec.3) In this section— whole month means a month beginning on the day of the calendar month on which a licence was issued or renewed and ending on the day before the corresponding day of the next calendar month. for a licence issued on 1 September in a year—a month beginning on the first day of any month and ending on the last day of that month for a licence issued on 7 March in a year—a month beginning on the seventh day of any month and ending on the sixth day of the next month

• • for a licence issued on 1 September in a year—a month beginning on the first day of any month and ending on the last day of that month
• • for a licence issued on 7 March in a year—a month beginning on the seventh day of any month and ending on the sixth day of the next month