Document ID: chunk:federal_register_of_legislation:F2024C00525:reg:34:p2
Version: federal_register_of_legislation:F2024C00525
Segment Type: reg
Provision Reference: reg 34 (pt 2/2)
Character Range: 74404–75842

the Secretary in accordance with this section, the licence or permit ceases to be in force on the later of the following:
 (a) the day specified in the notice as the day on which the surrender is to take effect;
 (b) if, on the day the person gives the Secretary the notice of surrender, the activities authorised by the licence or permit have ceased and the authorised product has been disposed of or destroyed—20 business days after the day the holder gives the Secretary the notice of surrender;
 (c) if, on the day the person gives the Secretary the notice of surrender, the activities authorised by the licence or permit have not ceased and the authorised product has not been disposed of or destroyed—20 business days after the day the holder gives the Secretary a further notice in writing stating that the activities authorised by the licence or permit have ceased and the authorised product has been disposed of or destroyed.
 (4) However, if, after the holder notifies the Secretary in accordance with this section, the Secretary gives the holder written notice that the licence or permit is to cease to be in force on a specified day that:
 (a) is earlier or later than the day worked out under subsection (3); and
 (b) is agreed by the holder and the Secretary;
the licence or permit ceases to be in force on the specified day.

Part 3—Licensing the manufacturing of narcotic drugs

Division 1—Manufacture licences and permits