Australian Capital Territory Repealed Acts

This legislation has been repealed.

BUSINESS FRANCHISE (LIQUOR) ACT 1993 (REPEALED) - SECT 11

(1)     An initial fee in relation to an application for a licence shall be such an amount as is assessed by the Commissioner as being fair and reasonable in the circumstances.

(2)     The circumstances referred to in subsection (1) include the following:

        (a)     the wholesale value of the total stock of liquor—

              (i)     held by the applicant for the purpose of trading on the date of the application; and

              (ii)     estimated as likely to be acquired by the applicant in the quarter in which the licence is to be issued and the following quarter for the purpose of trading;

        (b)     the estimated value of that portion of the stock referred to in subparagraphs (a) (i) and (ii) in relation to which a quarterly franchise fee would become payable if the licence were to remain in force in the second and third quarter after the quarter in which it is to be issued;

        (c)     the gross income from liquor trading estimated as likely to be received by the applicant in the quarter in which the licence is to be issued and the following quarter;

        (d)     initial fees assessed in relation to other applications.

(3)     The Commissioner shall notify the applicant in writing of the assessment of an initial fee.