CONVEYANCERS LICENSING ACT 2003 - SECT 17
Duration of licence
CONVEYANCERS LICENSING ACT 2003 - SECT 17
Duration of licence
17 Duration of licence
(1) An application for a licence or for renewal of a licence is to nominate
one of the following terms of duration for the licence (the
"nominated term" )--
(a) 1 year,
(b) 3 years,
(c) 5 years.
(2) The
Secretary may grant or renew a licence for a shorter term than the
nominated term if satisfied that it is in the public interest to do so.
(3)
If an application for renewal of a licence has been made but the application
is not finally determined by the Secretary before the expiry of the licence,
the licence (if not suspended or sooner cancelled) continues in force until
the application is finally determined.
(4) If a licence is granted or renewed
for a shorter term than the nominated term, the Secretary is to refund to the
applicant the difference between the fee for the nominated term and the fee
for the term that was granted.
(5) The suspension of a licence does not
affect the term of the licence.