Variation of terms and conditions of licences
31 Variation of terms and conditions of licences
A licensee may apply to the Regulator to vary a condition of the licence or to vary or revoke a term of the licence.
The Regulator may, for the purposes of section 35(5) or section 38(8), by written notice to the licensee, revoke a condition of a licence.
The Regulator may, by written notice to the licensee, add a condition to the conditions of the licence or vary a condition of the licence – if the Regulator has given the licensee reasonable notice of the proposed addition or variation and allowed the licensee a reasonable opportunity to make representations in relation to the proposed addition or variation; or on the agreement under section 34 of the Regulator to a transfer of the licence; or for the purposes of section 35(5) or section 38(8); or on application by the licensee under subsection (1); or with the agreement of the licensee.
The Regulator may, by written notice to the licensee, revoke a condition of the licence.
The Regulator may, by written notice to the licensee, vary or revoke a term of the licence – if the Regulator has given the licensee reasonable notice of the proposed variation or revocation and allowed the licensee a reasonable opportunity to make representations in relation to the proposed variation or revocation; or on the agreement under section 34 of the Regulator to a transfer of the licence; or for the purposes of section 35(5) or section 38(8); or on application by the licensee under subsection (1); or with the agreement of the licensee.
This Act’s bill:Explanatory notesSecond reading speech
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