Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) The registrar, on written application by a licensee, may vary a licence.
(2) An application shall specify the reason for the proposed change and be accompanied by the copy of the licence held by the applicant.
(3) If the registrar varies a licence, the registrar shall endorse the terms of the variation on the copy of the licence lodged with the application and return the copy to the applicant.
(4) Subject to subsection (5), if a licence is varied, the licence has effect on and after the variation as if the licence had been issued or renewed, as the case may be, in the terms as varied.
(5) Subsection (4) does not affect any rights or
liabilities that had accrued in relation to a licence and were in existence
immediately before the variation of the licence.