sec.33Shorter term if holder of another licence carries on business with applicant— Act , s 80 (2)

### sec.33 Shorter term if holder of another licence carries on business with applicant— Act , s 80 (2) Subsection (2) applies if— a person applies for— 1 or more licences; or the renewal of 1 or more licences; and another person who carries on business with the applicant holds a licence under the Act or an Agents Act. The chief executive may issue or renew a licence mentioned in subsection (1) (a) for a shortened term, so that each licence mentioned in subsection (1) expires at the same time. (sec.33-ssec.1) Subsection (2) applies if— a person applies for— 1 or more licences; or the renewal of 1 or more licences; and another person who carries on business with the applicant holds a licence under the Act or an Agents Act. (sec.33-ssec.2) The chief executive may issue or renew a licence mentioned in subsection (1) (a) for a shortened term, so that each licence mentioned in subsection (1) expires at the same time. - (a) a person applies for— (i) 1 or more licences; or (ii) the renewal of 1 or more licences; and - (i) 1 or more licences; or - (ii) the renewal of 1 or more licences; and - (b) another person who carries on business with the applicant holds a licence under the Act or an Agents Act. - (i) 1 or more licences; or - (ii) the renewal of 1 or more licences; and