Victorian Current Acts Victorian Current ActsS. 4.3.9(1) amended by No. 72/2007 s. 19.
(1) Each licence is for a term of 18 years, or a longer term determined by the Governor in Council and set out in the licence, and is subject to the conditions set out in the licence and any conditions imposed by this Act.
(2) If, because of section 4.3.8(2), the Governor in Council is unlikely to grant the licences before the expiration of the term of 18 years of the licences held by the current licensee, the Governor in Council may, by Order published in the Government Gazette, approve the extension of the term of the current licences until the commencement of the new licences or for any shorter period specified in the Order.
S. 4.3.10 amended by No. 72/2007 s. 20.