sec.47Notification of particular events

sec.47 Notification of particular events

This section applies if any of the following events happen in relation to a licence— if the licensee is an individual— the licensee is an insolvent under administration under the Corporations Act , section 9 ; or the licensee is disqualified from managing corporations under the Corporations Act , part 2D .6; an executor, administrator or trustee becomes the licensee under section 44 ; if the licensee is a corporation— the corporation is placed into administration, receivership or liquidation; or there is a change of directors for the corporation; an administrator becomes the licensee under section 45 ; if the licensee sells smoking products at liquor licensed premises—the liquor licence for the premises is suspended, cancelled or otherwise ceases to have effect; there is a change in the ownership of the business for the retail or wholesale licence; if the licence relates to a retail or wholesale outlet— the location of the outlet changes; or the licensee’s entitlement to occupy the outlet, including, for example, as an owner or lessee of the outlet, ceases or changes; or if the licensee leases, or holds an entitlement to occupy, the outlet from another person (the lessor )—the name, address or contact details of the lessor change; the name, business name or ABN of the licensee changes. The licensee must, within 14 days after the event happens, give notice of the event to the chief executive, unless the licensee has a reasonable excuse. Maximum penalty—140 penalty units. The notice must state sufficient details to identify the event and when the event happened. s 47 ins 2023 No. 16 s 7 amd 2025 No. 27 s 6 (sec.47-ssec.1) This section applies if any of the following events happen in relation to a licence— if the licensee is an individual— the licensee is an insolvent under administration under the Corporations Act , section 9 ; or the licensee is disqualified from managing corporations under the Corporations Act , part 2D .6; an executor, administrator or trustee becomes the licensee under section 44 ; if the licensee is a corporation— the corporation is placed into administration, receivership or liquidation; or there is a change of directors for the corporation; an administrator becomes the licensee under section 45 ; if the licensee sells smoking products at liquor licensed premises—the liquor licence for the premises is suspended, cancelled or otherwise ceases to have effect; there is a change in the ownership of the business for the retail or wholesale licence; if the licence relates to a retail or wholesale outlet— the location of the outlet changes; or the licensee’s entitlement to occupy the outlet, including, for example, as an owner or lessee of the outlet, ceases or changes; or if the licensee leases, or holds an entitlement to occupy, the outlet from another person (the lessor )—the name, address or contact details of the lessor change; the name, business name or ABN of the licensee changes. (sec.47-ssec.2) The licensee must, within 14 days after the event happens, give notice of the event to the chief executive, unless the licensee has a reasonable excuse. Maximum penalty—140 penalty units. (sec.47-ssec.3) The notice must state sufficient details to identify the event and when the event happened.