Australian Capital Territory Numbered Regulations

TRADERS (LICENSING) REGULATION 2017 (NO 21 OF 2017) - REG 9

    (1)     It is a condition of a licence that a licensee must tell the commissioner the following:

        (a)     if the licensee's name changes—the new name;

        (b)     if the licensee's trading name changes—the new trading name;

        (c)     if the licensee's trading address changes—the new trading address;

        (d)     if the licensee's email address changes—the new email address;

        (e)     if a person ceases to be a relevant person for the licensee—

              (i)     the name of the person; and

              (ii)     the date on which the person will cease or ceased to be a relevant person;

        (f)     if a person becomes a relevant person for the licensee—

              (i)     the name of the person; and

              (ii)     the date on which the person will become or became a relevant person for the licensee;

        (g)     any other change in circumstances that relates to whether the licensee is a suitable entity.

Examples—par (g)

1     a finding of guilt for an offence under an operational Act

2     a relevant person becoming bankrupt or personally insolvent

Note     An example is part of the regulation, 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).

    (2)     It is a condition of a licence that the licensee tells the commissioner the information required under subsection (1) no more than 10 business days after the day the information becomes relevant.

Examples—day information becomes relevant

1     the day a new trading name is first used

2     the day a person ceases to be a relevant person

Part 5     Licensing and licence management