Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If an export licence is expressed to remain in force until a specified event occurs, the licence remains in force until the event occurs, unless it is earlier revoked under Part 8.
(2) If there is an expiry date for an export licence (including an export licence that has been renewed under Part 5), the licence remains in force until the end of that expiry date unless:
(a) the licence is renewed under Part 5 on or before that date; or
(b) the licence is revoked under Part 8 on or before that date.
(3) There is an expiry date for an export licence if:
(a) rules made for the purposes of subsection (5) apply in relation to the export licence; or
(b) an expiry date for the export licence set under subsection 34(4) or 39(5) or paragraph 44(1)(c) is in force in relation to the export licence.
(4) The expiry date for an export licence is:
(a) if rules made for the purposes of subsection (5) apply in relation to the export licence and no expiry date set under subsection 34(4) or 39(5) or paragraph 44(1)(c) is in force in relation to the export licence--the last day of the period prescribed by the rules; or
(b) if an expiry date for the export licence set under subsection 34(4) or 39(5) or paragraph 44(1)(c) is in force in relation to the export licence--that date.
Note: The expiry date cannot be more than 3 years after the day the licence takes effect (see paragraph 34(4)(b)).
(5) The rules may prescribe the period during which an export licence remains in force (which must not exceed 3 years). The rules may apply in relation to:
(a) export licences generally; or
(b) export licences for a kind of regulated waste material and, if applicable, a place to which the regulated waste material may be exported; or
(c) export licences for a kind of export operations in relation to a kind of regulated waste material and, if applicable, a place to which the regulated waste material may be exported.