Customs Act 1901
A warehouse licence is subject to the condition that, if - (a) (b) (ba)
(ii) a receiver of the property, or part of the property, of the company is appointed;
(iii) an administrator of the company is appointed under section 436A , 436B or 436C of the Corporations Act 2001 ;
(iv) the company executes a deed of company arrangement under Part 5.3A of that Act;
(iva) a small business restructuring practitioner for the company is appointed under section 453B of that Act;
(v) the company begins to be wound up; or
(ii) becomes bankrupt; or
(d) (e) there is a substantial change in plant or equipment used in relation to goods in the warehouse; or (f) there is a substantial change in the keeping of accounts or records kept in relation to the warehouse,
(iii) has been refused a transport security identification card, or has had such a card suspended or cancelled, within the applicable period referred to in paragraph 86(1A)(d) ; or
the holder of the licence shall, within 30 days after the occurrence of the event referred to in whichever of the preceding paragraphs applies, give the Comptroller-General of Customs particulars in writing of that event.
A warehouse licence is subject to the condition that no tobacco products will be warehoused in the warehouse.
A warehouse licence is subject to such other conditions (if any) as are specified in the licence that the Comptroller-General of Customs considers to be necessary or desirable: (a) for the protection of the revenue; or (b) for ensuring compliance with the Customs Acts, any other law of the Commonwealth prescribed by the regulations or a law of a State or Territory prescribed by the regulations; or (c) for any other purpose.
The conditions specified in a warehouse licence may include - (a) conditions specifying the persons or classes of persons whose goods may be warehoused in the warehouse; and (b) conditions limiting the operations that may be performed upon, or in relation to, goods in the warehouse. 82(5)
The Comptroller-General of Customs may, upon application by the holder of a warehouse licence and production of the licence, vary the conditions specified in the licence by making an alteration to, or an endorsement on, the licence.
Subsection (5) does not limit section 82B .