21Grant and conditions of licence and renewal of licence

#### 21 Grant and conditions of licence and renewal of licence 21 Grant and conditions of licence and renewal of licence > > (1) The Commissioner may, after considering an application for the grant or renewal of a licence— > > > > > (a) grant a licence to, or renew the licence of, the person making the application, or > > > > > (b) refuse to grant a licence or to renew the licence. > > > (2) A licence confers no right of property and is incapable of being transferred, assigned or mortgaged, charged or otherwise encumbered. > > > (3) A licence is subject— > > > > > (a) to such conditions as may be imposed by the Commissioner (whether at the time the licence is granted or renewed or at any later time), and > > > > > (b) to such other conditions as are imposed by this Act or prescribed by the regulations. > > > (4) A condition imposed under this section is a Tier 2 condition unless a different tier for the condition is specified— > > > > > (a) by this Act for a condition imposed by this Act, or > > > > > (b) by the regulations for a condition imposed by the regulations, or > > > > > (c) by the Commissioner for a condition imposed by the Commissioner. > > **s 21:** Am 2002 No 107, Sch 1 \[5\]; 2005 No 63, Sch 1 \[38\]; 2005 No 98, Sch 1.21 \[1\] \[2\]. Subst 2012 No 49, Sch 1 \[38\]. Am 2014 No 88, Sch 1.25 \[3\] \[4\]; 2022 No 52, Sch 1\[23\].