Licensee no longer eligible to hold licence to inform Minister
25 Licensee no longer eligible to hold licence to inform Minister
A licensee who ceases, or who has reason to suspect that he or she may have ceased, to be eligible in terms of clause 3 of Schedule 1 to the Act to hold a licence is to inform the Minister in writing of that fact within 30 days of the licensee ceasing to be eligible.
Penalty: $1 000.
On receiving notice under subregulation (1) the Minister is to inform the licensee in writing of the time when the licence will be terminated.
At the request of a licensee referred to in subregulation (1), the Minister may agree in writing that the licence is to be terminated at the end of a period, not exceeding 6 months from the time the Minister received notice under subregulation (1).
[Regulation 25 amended: Gazette 23 Jun 2009 p. 2495-6.]
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