Security and Investigation Industry Act 1995

If—

a security agents licence authorises the performance of the function of protecting or guarding property, or keeping property under surveillance; and

a related firearms licence held by the holder of the security agents licence is suspended, then the security agents licence is, insofar as it authorises the performance of that function while possessing or using a firearm, suspended for the period of suspension of the firearms licence.

If—

a security agents licence authorises the performance of the function of protecting or guarding property, or keeping property under surveillance; and

a related firearms licence is cancelled or varied by removing the purpose relating to that function, then the security agents licence is, insofar as it authorises the performance of that function while possessing or using a firearm, cancelled.

The holder of a security agents licence that is suspended or cancelled under this section must return the licence to the

Commissioner. Maximum penalty: Maximum penalty: $2 500.

If the security agents licence remains in force in relation to other functions, the Commissioner will vary the licence as necessary and return it to the holder of the licence.