71
In forceSurrender of licence
Part 8Licensing
Division 3Miscellaneous
71 Surrender of licence
(1)
A licensee may surrender his or her licence by lodging it with the Director.
(2)
The surrender of a licence does not have effect until it is accepted by the Director.
(3)
On the acceptance by the Director of the surrender of a licence, the person whose licence is surrendered ceases to be a licensee but remains liable for:
(a)
an act or omission done, caused, permitted or made by him prior to the surrender; and
(b)
a liability incurred by him under this Act prior to the surrender.
This Act’s bill:Second reading speech
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