Queensland Consolidated Acts Queensland Consolidated Acts(1) If a licensee's licence expires, the licensee may apply for restoration of the licence.
(2) The application must--
(a) be made within 3 months after the expiry; and
(b) be made to the chief executive in the approved form; and
(c) state the term of the licence being applied for; and
(d) state the names and addresses of the licensee's business associates; and
(e) be accompanied by--
(i) an application fee; and
(ii) a licence renewal fee; and
(iii) a licence restoration fee; and
(iv) if the licensee is required as a condition of the licensee's licence to hold insurance, proof of the currency of the insurance.
(3) The application must also be accompanied by--
(a) an audit report about all trust accounts maintained by the licensee during the relevant audit period; or
(b) a statutory declaration that the licensee did not operate a trust account during the relevant audit period.
(4) Subsection (3) does not apply to a property developer.
(4A) If requested by the chief executive, the application must, for a licensee who is an individual, also be accompanied by 2 recent colour photographs of the licensee that are--
(a) of a size prescribed under a regulation; and
(b) certified as photographs of the licensee in the way prescribed under a regulation.
(5) The licensee must also satisfy the chief executive that the licensee has, as a licensee or salesperson, actively carried out the activities authorised under the licence for a period, and within the period, prescribed under a regulation.
(6) In this section--
audit period has the meaning given by section 400.
audit report has the meaning given by section 400.
relevant audit period, for a licensee's licence, means the audit period ending immediately before the licence's expiry date.