Document ID: chunk:federal_register_of_legislation:F2017L01257:reg:16
Version: federal_register_of_legislation:F2017L01257
Segment Type: reg
Provision Reference: reg 16
Character Range: 12114–13017

16  Commencement and duration of licences
 (1) A licence issued to a person who has been allocated the licence as a result of the auction or for a pre-determined price under Part 5 of the allocation determination, will commence on the date that the licence was issued and, subject to the Act, will be for a fixed term with an expiry date of 13 December 2030.

Note: In accordance with the Act, a licence may be resumed or cancelled before the expiry date.
 (2) A licence issued to a person who has been allocated the licence through the post-auction allocation process will commence on the later of:
 (a) the date stated in the post-auction application;
 (b) the date the licence is issued;
 (c) 1 February 2018;
 and, subject to the Act, will be for a fixed term with an expiry date of 13 December 2030.

Note: In accordance with the Act, a licence may be resumed or cancelled before the expiry date.