(1) A right granted under this Act is granted on the basis that:
(a) where the right is a servicing licence:
(i) it may be amended under section 18NG or 18NI or paragraph 18QC(1)(b); and
(ii) it may be suspended or cancelled under paragraph 18QC(1)(c) or (e); and
(b) where the right is a public weighbridge licence:
(i) it may be amended under section 18PG or 18PI or paragraph 18QC(1)(b); and
(ii) it may be suspended or cancelled under paragraph 18QC(1)(c) or (e); and
(c) where the right is a permit granted under section 18JX--it may be amended or cancelled under subsection 18JX(8); and
(d) where the right is in relation to an appointment as a utility meter verifier:
(i) it may be amended under section 18RA or 18RG; and
(ii) it may be suspended or revoked under section 18RG;
(e) in the case of any right--it may be cancelled, revoked, terminated or amended by or under subsequent legislation; and
(f) no compensation is payable if the right is cancelled, revoked, terminated or amended as mentioned in any of the above paragraphs.
(2) For the purposes of this section, right includes anything that is property within the meaning of paragraph 51(xxxi) of the Constitution.