New Zealand Legislation: Acts

149 What happens if applicant does not meet requirements of section 148(2)

• (1) An existing licence application must be taken to have lapsed and is of no effect if the applicant fails to meet all or any of the requirements of section 148(2).

  (2) An applicant to which subsection (1) applies is not entitled to be refunded, in whole or in part, any prescribed fee paid under the former Act in relation to an existing licence application.