Australian Capital Territory Numbered Acts

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TRADERS (LICENSING) ACT 2016 (NO. 46 OF 2016) - SECT 23

Licence issue

    (1)     If an entity applies for a licence, the commissioner must, within the decision-making period—

        (a)     issue the licence; or

        (b)     refuse to issue the licence.

Note     A licence may be issued with a condition (see s 20).

    (2)     The licence may authorise the entity to carry on business in—

        (a)     more than 1 trader category; and

        (b)     more than 1 trader class.

    (3)     The commissioner may issue the licence to the entity only if the commissioner is satisfied—

        (a)     about the identity of each relevant person for the entity; and

        (b)     that the entity—

              (i)     is eligible to hold the licence; and

              (ii)     is a suitable entity to hold the licence.



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