Security relating to retention licence
70F Security relating to retention licence
The applicant for a retention licence shall lodge, in the prescribed manner and within the prescribed period, a security for compliance with —
the conditions to which the retention licence, if granted, will from time to time be subject; and
the provisions of this Part and the regulations.
[(2) deleted]
A security referred to in subsection (1) shall be in accordance with and subject to section 126.
A retention licence shall not be granted unless a security has been lodged by the applicant for the retention licence in accordance with subsection (1).
Notwithstanding section 154(1), an applicant for a retention licence who fails to comply with subsection (1) does not commit an offence against this Act.
[Section 70F inserted: No. 39 of 2004 s. 36(1); amended: No. 12 of 2010 s. 29; No. 31 of 2022 s. 19.]
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