New South Wales Consolidated Acts

SECURITY INDUSTRY ACT 1997 - SECT 21

21 Grant and conditions of licence

(1) The Commissioner may, after considering an application:

(a) grant a licence to the person making the application and nominate a place where the person is to collect the licence, or

(b) refuse to grant a licence.

(2) A licence confers no right of property and is incapable of being transferred, assigned or mortgaged, charged or otherwise encumbered.

(3) A licence is subject:

(a) to such conditions as may be imposed by the Commissioner (whether at the time the licence is granted or at any later time), and

(b) to such other conditions as are imposed by this Act or prescribed by the regulations.

(4) A licence is granted subject to the condition that the person making the application collect the licence from the place nominated by the Commissioner under subsection (1) (a) within 60 days of being notified of the grant.