Excise and Customs Legislation Amendment (Streamlining Administration) Act 2024 (51 of 2024)

Schedule 1   Streamlining administration

Part 1   Warehouse and excise licensing

Division 1   Main amendments

Excise Act 1901

129   Subsection 39L(1)

Repeal the subsection, substitute:

(1) The Collector may cancel a licence if:

(a) the Collector is entitled to suspend the licence relying on subsection 39G(1); or

(b) but for subsection 39LA(3), the Collector could vary the licence under subsection 39LA(1) or would be required to vary the licence under subsection 39LA(2).