12NCondition that licence holder notify the Secretary of certain matters

12N Condition that licence holder notify the Secretary of certain matters

(1) It is a condition of a manufacture licence that the licence holder notify the Secretary if any of the following matters comes to the attention of the licence holder: (a) a matter that may affect whether the licence holder is a fit and proper person to hold the licence, or whether a business associate of the licence holder (in relation to a business relating to the licence or in relation to any other business) is a fit and proper person to be associated with the holder of such a licence; (b) a breach of the licence; (c) any other matter that may require or permit the Secretary to revoke the licence; (d) any other matter prescribed by the regulations.

Note: Section 24B deals with the privilege against self‑incrimination.

(2) The licence holder must notify the Secretary of a matter referred to in subsection (1): (a) if the regulations prescribe a period within which the matter must be notified to the Secretary—before the end of that period; or (b) otherwise—as soon as reasonably practicable after the matter comes to the attention of the licence holder.