Property Agents and Land Transactions Act 2016
21Period of validity of licence
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21 Period of validity of licence
(1) [Section 21 Subsection (1) substituted by No. 29 of 2022, s. 70, Applied:01 Jul 2023] Subject to subsections (2) , (3) and (4) , a licence –
(a) is valid for the period, not exceeding 12 months, determined by the Board under this Act; and
(b) commences on the date on which it was issued or at a later date determined by the Board.
(2) [Section 21 Subsection (2) substituted by No. 29 of 2022, s. 70, Applied:01 Jul 2023] A licence held by a person by virtue of holding deemed registration is valid for the period in respect of which the deemed registration is in force.
(3) A licence ceases to be valid if –
(a) the licence holder surrenders it to the Board; or
(b) it is suspended or cancelled in accordance with this Act.
(4) If the holder of a licence dies, the personal representative of that person is taken to be the licence holder for 12 months from the death of the person.