12Withdrawal of application

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12 Withdrawal of application

(1) A person may withdraw, in the manner and form approved by the Authority, the person's application for a licence or a renewal of a licence at any time before the application is determined.

(2) If an application for a licence or a renewal of a licence is withdrawn by an applicant under subsection (1) or is refused by the Authority under section 16, the Authority—

(a) at its discretion, may refund in whole or part the application fee that accompanied the application; and

(b) must refund the licence fee that accompanied the application.