Queensland Consolidated Acts

PROPERTY OCCUPATIONS ACT 2014 - SECT 58

58 Application for renewal

(1) A licensee may only apply for renewal of the licensee’s licence before the licence expires.

(2) The application must—

(a) be made to the chief executive in the approved form; and

(b) state the term of the licence being applied for; and

(c) state the names and addresses of the licensee’s business associates; and

(d) be accompanied by—

(i) the application fee prescribed under a regulation; and

(ii) the licence renewal fee prescribed under a regulation; and

(iii) if the licensee is required as a condition of the licensee’s licence to hold insurance, proof of the currency of the insurance; and

(iv) if, before or when the application is made, a criminal history costs requirement is made of the licensee—the amount of the costs required to be paid.

(3) The application must also be accompanied by—

(a) an audit report for all trust accounts kept by the licensee during the relevant audit period; or

(b) a statutory declaration by the licensee that the licensee did not operate a trust account during the relevant audit period.

(4) In this section—

"relevant audit period" , for a licensee’s licence, means the audit period ending immediately before the licence’s expiry date.