(1) A person who is granted permission under section 40 to use the title "JP (Retired)" or "BJ (Retired)" after his or her name—
(a) must not exercise any of the powers of a justice of the peace or a bail justice if the person has retired from that office; and
(b) not later than 21 days after the occurrence of a change in his or her circumstances specified in subsection (2), must notify the Secretary in writing of that change.
(2) For the purposes of subsection (1)(b), the following changes of circumstances must be notified—
(a) the person becomes insolvent under administration;
(b) the person has been convicted or found guilty of—
(i) an offence punishable by a term of imprisonment of 6 months or more; or
(ii) an offence that, if committed in Victoria, would constitute an offence referred to in subparagraph (i).