Excise Laws Amendment (Fuel Tax Reform and Other Measures) Act 2006 (74 of 2006)
Schedule 1 Amendments
Part 1 Amendments
Excise Act 1901
40 At the end of section 39F
Automatic extension of licence
(4) If the Collector has not decided an application for renewal of a licence before the end of the expiry day, the licence continues in force until the Collector decides the application.
Period of renewal
(5) If the Collector renews a licence, it is renewed for a period of 3 years, unless cancelled earlier, starting on the day after the expiry day.
Example: A licence is due to expire on 30 September 2008 (the expiry day). On 1 September 2008 the licence holder applies to renew the licence. The Collector has not decided the application by the end of 30 September 2008.
The licence continues in force automatically past 30 September 2008 until the Collector decides the application.
On 15 October 2008 the Collector decides to renew the licence. The 3 year period of renewal starts on 1 October 2008.
Licence may be renewed more than once
(6) A licence may be renewed more than once under this section.
(7) In this section:
expiry day , in relation to a licence, means the 30 September on which the licence is due to expire.