(1) If a licensee applies to renew a licence, the commissioner must, within the decision-making period—
(a) renew the licence; or
(b) refuse to renew the licence.
(2) However, if the commissioner has asked the licensee to do a thing in relation to being a licensee, and the licensee has not yet done the thing, the commissioner must not renew the licence until the thing is done.
Examples—thing not done
• pay a fee
• provide information
• condition of licence met
Note An example is part of the Act, is not exhaustive and may extend, but does not limit, the meaning of the provision in which it appears (see Legislation Act
, s 126 and s 132).
(3) A licence may be renewed for up to 5 years.
(4) The renewal of a licence—
(a) starts immediately after the licence would have expired if it had not been renewed; and
(b) if there is a condition imposed on the licence—does not affect the condition.
(5) A renewal is subject to any condition—
(a) required under an operational Act; or
(b) if the commissioner is satisfied on reasonable grounds imposing a condition is in the public interest—imposed by the commissioner when approving the renewal; or
(c) prescribed by regulation.
Note Power to make a statutory instrument (including a regulation) includes power to make different provision in relation to different matters or different classes of matters (see Legislation Act
, s 48).