Change to information in application

In force

(1)

An applicant for a licence must—

(a)

give the Authority notice of any material change during the relevant period to the information provided to the Authority by the applicant in support of the application; and

(b)

provide the notice referred to in paragraph (a) within 14 days after becoming aware of the change.

60 penalty units.

(2)

In this section—

material change includes a change of directors of an applicant that is a company;

relevant period means the period between the making of an application for a licence and the determination of the application by the Authority.

This Act’s bill:Explanatory memorandum Second reading speech

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16 Change to information in application