176General

176 General

176 General

(1) The sources of obligations associated with a retention licence are:

(a) the licence conditions, and

(b) obligations arising from directions under section 387 or 392 given by the Minister, and

(c) obligations imposed by this Act and the regulations.

Note—

For paragraph (a) see section 177. For paragraph (c) see sections 44, 177 to 185, 372 and 391 (1).

(2) If a retention licence has 2 or more holders, all the holders are jointly and severally bound by the obligations that attach to the licence.