Northern Territory Consolidated Acts

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AGENTS LICENSING ACT - SECT 70

Effect of suspension or revocation

70. Effect of suspension or revocation

(1) A licence that is suspended under section 69(1)(c) or revoked under section 69(1)(d) ceases to have effect on and from:

(a) the day on which the licence is suspended or revoked, as the case may be; or

(b) such other date as the Board may specify in the notice referred to in section 69(1)(c) or (d), as the case may be.

(2) A licence that is suspended under section 69(1)(c) shall, unless the Board otherwise determines, have no effect until the expiration of the period specified in the notice referred to in that subsection.

(3) Where a licence is suspended under section 69(1)(c) or revoked under section 69(1)(d), the Registrar shall note in the register:

(a) the fact of suspension and the period specified in the notice referred to in section 69(1)(c); or

(b) the fact of revocation and the period, if any, specified in the notice referred to in section 69(1)(d) that is to elapse or any condition that is to be fulfilled, before the person formerly licensed may apply for a licence,

as the case requires.

Part VIII. Receivers



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