Commonwealth Consolidated Acts

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CUSTOMS ACT 1901 - SECT 183CH

Duration of licence

  (1)   A broker's licence:

  (a)   comes into force on a date specified in the licence or, if no date is so specified, the date on which it is granted; and

  (b)   subject to this Part, remains in force until the end of the licence expiry day next following the grant of the licence but may be renewed in accordance with section   183CJ.

  (1A)   For the purposes of this section:

  (a)   the first licence expiry day is 31   December 2000; and

  (b)   the next licence expiry day is 30   June 2003; and

  (c)   later licence expiry days occur at intervals of 3 years after the last licence expiry day.

  (2)   A licence granted to a natural person ceases to have effect on the death of that person.



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