(1) The chief executive may amend a licence—
(a) on the licensee's application; or
(b) on the chief executive's own initiative.
Note 1 A fee may be determined under s 60 for an application.
Note 2 If a form is approved under s 61 for an application, the form must be used.
(2) Before amending a licence under subsection (1) (a), the chief executive must be satisfied that the licensee meets the eligibility requirements the chief executive tells the applicant are relevant to the amendment.
(3) Before amending a licence under subsection (1) (b), the chief executive must—
(a) give written notice to the licensee—
(i) of the particulars of the proposed amendment; and
(ii) that the licensee may make written submissions to the chief executive about the proposed amendment before a stated day, not later than 14 days after the day the notice is given to the licensee; and
(b) have regard to submissions made to the chief executive by the licensee before the stated day.
(4) Subsection (3) does not apply if the chief executive decides that the amendment must be made urgently to ensure compliance with this Act.
(5) If the chief executive decides to amend a licence under subsection (1) (b), the chief executive must give the licensee written notice of the decision within 14 days after the day the decision is made.
(6) The amendment takes effect—
(a) on the day the written notice of the amendment is given to the licensee; or
(b) if a later day is stated in the notice—on that day.
(7) If the chief executive decides to refuse to make an amendment applied for under subsection (1) (a), the chief executive must give the applicant written notice of the decision within 14 days after the day the decision is made.