(1)  Subject to this regulation, a driver licence is to be issued for a term of years specified in the licence of not less than one year and not more than 5 years.

(2)  If a driver licence is issued to a person on the surrender of an Australian driver licence of an equivalent class issued under a corresponding law, the licence is to be issued for a term of 5 years, or the balance of the term of the other licence, whichever is the shorter.

(3)  If a driver licence is issued to a person on the surrender of a driver licence of a lower class in the hierarchy of licence classes, the new licence is to be issued for the balance of the term of the earlier licence or some other term agreed between the applicant and the Registrar.

(4)  If a person who holds a driver licence in the hierarchy of licence classes becomes entitled to hold a motor cycle licence or, conversely, a person who holds a motor cycle licence becomes entitled to hold a driver licence of a particular class in the hierarchy of licence classes, a new driver licence of both classes is to be issued, on the surrender of the earlier licence, for the balance of the term of the earlier licence or some other term agreed between the applicant and the Registrar.