Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) This section applies if the commissioner for fair trading receives an application for a licence under section 29 (Licence applications).
(2) Within 12 weeks after the day the commissioner for fair trading receives the application, the commissioner must—
(a) issue the licence; or
(b) refuse to issue the licence.
Note Failure to do an act within the period set out is taken to be a decision not to do the act (see ACT Civil and Administrative Tribunal Act 2008 , s 12).
(3) The commissioner for fair trading must issue the licence if satisfied that the applicant is eligible to be licensed under section 24 (Eligibility for licences).
(4) If a requirement for information or a document relating to an application is made under section 31 (Further information for licence applications), the 12-week period mentioned in subsection (2) is extended by the period beginning on the day when the requirement is made and ending on the day when the requirement is complied with.