Victorian Consolidated Legislation

Travel Agents Act 1986 - SECT 18A

Surrender of licence

18A. Surrender of licence



(1) Subject to subsection (2), a licensee may at any time by notice in writing
to the Authority surrender the licence.

(2) If an application has been made to the Tribunal under section 20 to
conduct an inquiry in relation to a licensee, the licensee may not, without
leave of the Tribunal, surrender the licence unless the Tribunal has
determined to take action under section 21 or has determined not to take any
action.

(3) The person who held a licence that has been surrendered must return the
licence to the Authority within 14 days of surrendering it.

Penalty: 10 penalty units.