Property Agents and Land Transactions Act 2016

Subject to subsections (2), (3) and (4), a licence – is valid for the period, not exceeding 12 months, determined by the Board under this Act; and commences on the date on which it was issued or at a later date determined by the Board.

A licence held by a person by virtue of holding deemed registration is valid for the period in respect of which the deemed registration is in force.

A licence ceases to be valid if – the licence holder surrenders it to the Board; or it is suspended or cancelled in accordance with this Act.

If the holder of a licence dies, the personal representative of that person is taken to be the licence holder for 12 months from the death of the person.