Surrender of licence
27 Surrender of licence
S. 27(1) amended by No. 52/1998 s. 156(1).
Subject to subsection (2), a licensee may at any time by notice in writing to the Authority, surrender the licence.
S. 27(2) substituted by No. 52/1998 s. 156(2).
If an application has been made to the Tribunal under section 30 for an inquiry in relation to a licence, the licensee may not, without leave of the Tribunal, surrender the licence unless the Tribunal has determined to take action under section 31(1) or has determined not to take any such action.
S. 27(3) inserted by No. 74/1996 s. 14.
The person who held a licence that has been surrendered must return the licence to the Authority within 14 days of surrendering it.
- 10 penalty units.
S. 28 substituted by No. 74/1996 s. 15.
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