73OPorts Victoria may amend or remove conditions or impose new conditions

73O Ports Victoria may amend or remove conditions or impose new conditions (1) Ports Victoria, on Ports Victoria's own initiative, or on the written application of the licence holder, may— (a) amend or remove a condition of a towage service licence; or (b) impose a new condition on a towage service licence. (2) Ports Victoria must, before taking action under subsection (1) on its own initiative— (a) give the licence holder written notice of the action that Ports Victoria proposes to take and of the reasons for taking it; and (b) allow the licence holder to make written representations about the proposed action within 10 business days after being notified of it (or any other period that Ports Victoria and the licence holder agree). (3) Ports Victoria must give the licence holder written notice of the action taken under subsection (1) as soon as practicable after taking the action. (4) A notice under subsection (3) must— (a) include a statement of reasons for the action taken; and (b) inform the licence holder that they have a right to seek review of the decision of Ports Victoria to take the action under Division 9.