52Licensees and agents to inform Minister of changed circumstances

#### 52 Licensees and agents to inform Minister of changed circumstances 52 Licensees and agents to inform Minister of changed circumstances > > (1) If a change of a kind prescribed by the regulations occurs in the circumstances that existed in relation to a licensee at the time the licensee was granted the licence or in relation to an agent at the time the agent was appointed or approved— > > > > > (a) the licensee, in the case of a change that relates to the licensee, or > > > > > (b) the agent, in the case of a change that relates to the agent, > > > > must notify the Minister in writing, not later than 14 days after the change occurs, of the particulars relating to the change that the regulations prescribe. > > > (2) Despite subsection (1), if the licensee or the agent is not aware, and could not reasonably be expected to be aware, of a relevant change at the time it occurs, the licensee or agent (as the case may be) must notify the Minister in writing not later than 14 days after becoming aware of the change. > > Maximum penalty—20 penalty units. > > **s 52:** Am 2004 No 13, Sch 1 \[21\]; 2009 No 60, Sch 5.1 \[15\]. > > **pt 7, div 5:** Rep 2018 No 7, Sch 1.11 \[6\]. > > **pt 7, div 6:** Rep 2018 No 7, Sch 1.11 \[8\].