Document ID: chunk:federal_register_of_legislation:F2024C00524:reg:5
Version: federal_register_of_legislation:F2024C00524
Segment Type: reg
Provision Reference: reg 5
Character Range: 5387–7272

5  Periods for imposition of charge on licences
 (1) This section prescribes periods for the purposes of paragraph 6(1)(b) of the Act (which imposes charge on licences in force at a time in a prescribed period) for licences of the following classes:
 (a) commercial medicinal cannabis licence;
 (b) non‑commercial medicinal cannabis licence.
 (2) The period (the licence year) for a licence is:
 (a) if the licence was preserved by item 2 of Schedule 2 to the Narcotic Drugs Amendment (Medicinal Cannabis) Act 2021—12 months starting on:
  (i) the day the licence came into force; or
 (ii) a later anniversary of the day mentioned in subparagraph (i) of this paragraph; or
 (b) if the licence was converted from multiple licences (the original licences) into a single licence by item 3 of Schedule 2 to the Narcotic Drugs Amendment (Medicinal Cannabis) Act 2021:
 (i) 12 months ending immediately before the earliest anniversary day for one of the original licences to occur after the commencement of the Narcotic Drugs (Licence Charges) Amendment (Medicinal Cannabis Licences) Regulations 2021; or
 (ii) 12 months starting on a later anniversary of the day mentioned in subparagraph (i) of this paragraph; or
 (c) otherwise—12 months starting on:
 (i) the day the licence comes into force; or
 (ii) a later anniversary of the day mentioned in subparagraph (i).
 (3) For the purposes of subparagraph (2)(b)(i), the anniversary day for an original licence means the day immediately after the last day of a licence year for that licence, had:
 (a) the licence year been determined under subsection 5(2) of this instrument as in force before the commencement of the Narcotic Drugs (Licence Charges) Amendment (Medicinal Cannabis Licences) Regulations 2021; and
 (b) the licence not been converted under item 3 of Schedule 2 to the Narcotic Drugs Amendment (Medicinal Cannabis) Act 2021.