Northern Territory Consolidated Acts17C. Variation of licence
(1) Subject to this section, the Commissioner may -
(a) on his or her own motion; or
(b) on the application of an agent,
by notice in writing given to the agent, vary a term or condition of the agent's licence.
(2) Before varying a licence under subsection (1)(a) the Commissioner must give the agent written notice -
(a) specifying the proposed variation;
(b) specifying the reasons for the variation; and
(c) inviting the agent to, within the period of not less than 28 days specified in the notice, submit reasons why the variation should not be made.
(3) If, after considering the submissions of the agent (if any), the Commissioner continues to consider that the variation is appropriate, the Commissioner may vary the licence, whether or not as proposed in the notice under subsection (2).
(4) An agent's application for variation of the agent's licence under subsection (1)(b) is to be in a form approved by the Commissioner and accompanied by the prescribed fee.
(5) A licence may be varied by the addition of a new term or condition or the substitution or deletion of any of its existing terms and conditions.
(6) If an agent applies under subsection (1)(b) to vary the licence by deleting, adding or substituting a place at which the agent is authorised to carry on business under the licence or the place which is the agent's principal place of business, the Commissioner must vary the licence accordingly on being satisfied that to do so would not result in the agent contravening a law in force in the Territory.
(7) A variation of a licence takes effect on -
(a) the date notice of the variation is given to the licensee; or
(b) the date specified for that purpose in the notice,
whichever last occurs.
(8) On receiving the notice of the variation, the agent must produce the licence to the Commissioner for endorsement of the variation on the licence.
(9) Subsections (2), (3), (4), (5), (6) and (7) do not apply if the variation is for a formal or clerical reason that does not alter the effect of the licence.