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Property Developers Act 2024
20Licence term
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20 Licence term A licence— (a) begins on the day stated in the licence; and (b) ends on the earliest of the following: (i) the day stated in the licence, being not more than 7 years from the day the licence begins; (ii) if the licence is cancelled under division 4.2 (Regulatory action), division 4.3 (Immediate suspension or cancellation of licence) or section 41 (Voluntary cancellation of licence)—the day the cancellation takes effect.