Queensland Consolidated Acts Queensland Consolidated Acts(1) If the chief executive reasonably believes a person (other than a key person licensee) is a key person, the chief executive may, by written notice given to the person, require the person either to apply for a key person licence or to terminate the relevant key relationship, within 7 days of receiving the notice.
(2) The person must comply with the requirement within 7 days of receiving the notice, unless the person has a reasonable excuse.
Maximum penalty--100 penalty units or 1 year's imprisonment.
(3) The chief executive must give a copy of the notice to the relevant licensed provider.