164DTerm of permit

164D Term of permit

[Section 164D Inserted by No. 33 of 2015, s. 20, Applied:01 Jan 2016]

(1)  In this section –

notice of completion has –

(a) in the case of a Division 3 permit, the same meaning as in section 164ZA ; or

(b) in the case of a Division 4 permit, the same meaning as in section 164ZB .

(2)  A Division 3 permit has effect for the term commencing on the day on which it takes effect and ending –

(a) if the permit specifies a day, not less than 2 years after the date on which it is issued, on which it will expire – on that expiry or at the end of the period as extended, if at all, under section 164E ; or

(b) on the day on which the Minister, under section 164ZA(5) , notifies the permit holder that the notice of completion has been accepted –

whichever first occurs.

(3)  A Division 4 permit has effect for the term commencing on the day on which it is taken to be issued and ending –

(a) on the expiry of the period of 2 years commencing on that day; or

(b) on the day on which the Minister, under section 164ZB(6) , notifies the permit holder that the notice of completion has been accepted; or

(c) on the day on which a notice is issued under section 162 to the holder of the permit –

whichever first occurs.