39Term of licence

#### 39 Term of licence (1) A licence commences on the day specified in the licence and remains in force until it is revoked or suspended. (2) If: (a) the licence covers therapeutic goods that are exempt under section 18A; and (b) those goods cease to be exempt under that section before the licence is revoked; the licence ceases to be in force in relation to those goods when those goods cease to be exempt under that section. > Note: An exemption under section 18A may cease to have effect only in relation to some of the goods covered by the exemption, see subsection 18A(5). (3) If: (a) the licence covers a biological that is exempt under section 32CB; and (b) the biological ceases to be exempt under that section before the licence is revoked; the licence ceases to be in force in relation to the biological when the biological ceases to be exempt under that section. > Note: An exemption under section 32CB may cease to have effect only in relation to some of the biologicals covered by the exemption: see subsections 32CB(5) and 32CD(1).