Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A warehouse licence is subject to the condition that, if:
(a) a person not described in the application for the licence as participating in the management or control of a warehouse covered by the licence commences so to participate; or
(b) in the case of a licence held by a partnership--there is a change in the membership of the partnership; or
(ba) in the case of a licence held by a company--any of the following events occurs:
(i) the company is convicted of an offence of a kind referred to in paragraph 81(3)(a) or (b);
(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;
(ivb) the company makes a restructuring plan under Division 3 of Part 5.3B of that Act;
(v) the company begins to be wound up; or
(c) a person who participates in the management or control of a warehouse covered by the licence, the holder of the licence or, in the case of a licence held by a partnership, a member of the partnership:
(i) is convicted of an offence referred to in paragraph 81(2)(a) or (b); or
(ii) becomes bankrupt; or
(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
(d) there is a substantial change in a matter affecting the physical security of a warehouse covered by the licence; or
(e) there is a substantial change in plant or equipment used in relation to goods in a warehouse covered by the licence; or
(f) there is a substantial change in the keeping of accounts or records kept in relation to a warehouse covered by the licence;
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.
(2) A warehouse licence is subject to the condition that no tobacco products will be warehoused in a warehouse covered by the licence.
(3) 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.
(4) The conditions specified in a warehouse licence may include:
(a) conditions specifying the persons or classes of persons whose goods may be warehoused in any one or more of the warehouses covered by the licence; and
(b) conditions limiting the operations that may be performed upon, or in relation to, goods in any one or more of the warehouses covered by the licence.
(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.
(6) Subsection (5) does not limit section 82B.