17Duration of licence

17 Duration of licence

17 Duration of licence

(1) A licence (other than a renewed licence) comes into force on the date specified in the licence.

(2) A renewed licence comes into force on the date following the expiry date of the licence it renews.

(3) An application for a licence or renewal of a licence is to nominate one of the following terms of duration for the licence (the nominated term)—

(a) 1 year,

(b) 3 years,

(c) 5 years.

(3A) The Commissioner may grant or renew a licence for the nominated term or a shorter term than the nominated term if satisfied that it is in the public interest to do so.

Note.

A licence may cease to be in force by operation of section 27 of the Crimes (Criminal Organisations Control) Act 2012.

(3B) If an application for renewal of a licence has been made but the application is not finally determined by the Commissioner before the expiry of the licence, the licence (if not suspended or sooner cancelled) continues in force until the application is finally determined.

(3C) If a licence is granted or renewed for a shorter term than the nominated term, the Commissioner is to refund to the applicant the difference between the fee for the nominated term and the fee for the term that was granted.

(4) A licence suspended under this or any other Act is taken not to be in force for the purposes of this Act during the period of the suspension. However, the suspension of a licence does not affect the term of the licence.

(5) Subsections (3A)–(3C) do not affect the term of any licence granted under this Act and in force immediately before the amendment of this section by the Fair Trading Legislation Amendment (Reform) Act 2018.

s 17: Am 2012 No 85, Sch 1 [6] [7]; 2014 No 88, Sch 1.29 [3]. Subst 2017 No 14, Sch 1 [17]. Am 2018 No 65, Sch 2.14[5] [6]; 2022 No 10, Sch 1[3].